copenlu/druid huggingface dataset:
Claim: Black money (undisclosed foreign income and assets) and imposition of tax Act 2015 enacted. (Govt. of India, 2018-05-26)
Evidence (2024-07-03): The Union Government enacted the Black Money (Undisclosed Foreign Income and Assets) Imposition of Tax Act, 2015 (‘the BMA’) on 1st July 2015. The Act sought to deal with the issue of evasion of taxes in India by Indian tax residents having undisclosed foreign assets and income.The Union Government enacted the Black Money (Undisclosed Foreign Income and Assets) Imposition of Tax Act, 2015 (‘the BMA’) on 1st July 2015. The Act sought to deal with the issue of evasion of taxes in India by Indian tax residents having undisclosed foreign assets and income. [...] Keshav Singhania, Head - Private Client, Singhania & Co. said, "In a pivotal ruling, the Karnataka High Court in the case of Dhanashree Ravindra Pandit vs. the Income Tax Department, addressed the issues concerning retrospective applicability of the Black Money (Undisclosed Foreign Income and Assets) and Imposition of Tax Act, 2015 ("Act"). This ruling is one of the first to invoke Article 20 of the Indian Constitution in the context of this Act. The Black Money Act, a special statute targeting undisclosed foreign assets, imposes strict provisions and penalties on individuals who failed to utilize the government’s one-time disclosure window, which allowed a 60% tax on the value of undisclosed foreign assets. It is crucial to acknowledge that this Act is not applicable to individuals deemed to be residents under Section 6(1A), as they are considered residents but not ordinarily residents."
Claim: Black money (undisclosed foreign income and assets) and imposition of tax Act 2015 enacted. (Govt. of India, 2018-05-26)
Evidence (2015-05-11): In a step towards delivering on the BJP’s poll promise of unearthing black money stashed abroad, government has introduced the Undisclosed Foreign Income and Assets (Imposition of Tax) Bill, 2015, in the parliament.
Claim: Black money (undisclosed foreign income and assets) and imposition of tax Act 2015 enacted. (Govt. of India, 2018-05-26)
Evidence (2023-10-26): Any misreporting/underreporting of income and assets in Indian tax filings may result in penal consequences and, in appropriate cases, prosecution proceedings may be launched under the Black Money (Undisclosed Foreign Income and Assets) and Imposition of Tax Act, 2015 ("BMA") and the Income Tax Act, 1961. The Indian government introduced the BMA to curb black money, or undisclosed foreign assets and income by imposing taxes and penalties on such income. The BMA entered into effect on 1 April 2016. [...] The Mumbai tax tribunal upheld the CIT(A)’s order by confirming the levy of penalty under section 43 of the BMA for nondisclosure of foreign assets in the income tax return filed by the taxpayer. The court made the following observations:- Section 43 of the BMA contains provisions for the levy of a penalty for failure to furnish the return of income, information or inaccurate particulars about an asset (including a financial interest in any entity) located outside India.
Claim: Black money (undisclosed foreign income and assets) and imposition of tax Act 2015 enacted. (Govt. of India, 2018-05-26)
Evidence (2017-12-04): The ‘Undisclosed Foreign Income and Assets Act 2015’ tries to tackle the black money kept in other countries. Parliament has passed the bill and an Act- Black Money (Undisclosed Foreign Income and Assets or the UFIA) and Imposition of Tax Act, 2015 came into force. The Act became effective from July 1, 2015 with the starting of the one-time compliance window (initially it was prescribed to be effective from April 1, 2016). The UFIA Act deals with the problem of black money that is kept in other countries by Indian residents. Black money in the form of undisclosed foreign income and assets comes under the purview of this law. The UFIA Act provide for imposition of tax on any undisclosed foreign income and asset held outside India. ‘Undisclosed foreign income and asset’ is defined as the total amount of undisclosed income of an assessee from a source located outside India and the value of an undisclosed asset located outside India.
Claim: Black money (undisclosed foreign income and assets) and imposition of tax Act 2015 enacted. (Govt. of India, 2018-05-26)
Evidence (2024-03-22): But why is Suvit, an accounting automation tool, delving into this topic? Here’s the twist: Suvit isn’t just about numbers and ledgers. It’s about empowering businesses, unraveling complexities, and ensuring financial integrity. As we explore the Black Money (Undisclosed Foreign Income and Assets) and Imposition of Tax Act, 2015, we wear our digital spectacles, analyzing data, patterns, and anomalies. [...] The Black Money (Undisclosed Foreign Income and Assets) and Imposition of Tax Act, 2015 emerged as a response to a pressing problem: the expansion of undisclosed wealth beyond national borders. But when did this legal movement against black money begin? [...] The Act, officially known as the Black Money (Undisclosed Foreign Income and Assets) and Imposition of Tax Act, 2015, came into force on a specific date—1st July 2015. Its scope extends beyond Indian borders, targeting undisclosed foreign income and assets held by Indian residents. This ambitious legislation aimed to plug the leakages in the tax system and ensure that no wealth remained hidden from scrutiny.
Claim: Black money (undisclosed foreign income and assets) and imposition of tax Act 2015 enacted. (Govt. of India, 2018-05-26)
Evidence (2022-06-28): Penalty u/s 43 of the Black Money (Undisclosed Foreign Income & ... [...] Penalty u/s 43 of the Black Money (Undisclosed Foreign Income & Assets) and Imposition of Tax Act 2015 (BMA) - Even before the bank account was detected by the revenue authorities, the entire balance in the said account, as per instruction of the assessee’s late mother, has been donated to a bonafide charity of the global repute. In these circumstances, the plea that such a lapse of non-disclosure, even if that be so, is only an inadvertent mistake, and that conscious non-disclosure or any mens rea in the non-disclosure is completely contrary to human probabilities, does merit acceptance. - AT
Claim: Black money (undisclosed foreign income and assets) and imposition of tax Act 2015 enacted. (Govt. of India, 2018-05-26)
Evidence (2024-02-21): Black Money (Undisclosed Foreign Income and Assets) and Imposition of Tax Act, 2015 is an Act of the Parliament of India. It aims to curb black money, or undisclosed foreign assets and income and imposes tax and penalty on such income. The Act has been passed by both the Houses of the Parliament. The Act has received the assent of the President of India on 26 May 2015.[1][2] It came into effect from 1 July 2015. [...] See also [edit]References [edit]- ^ "Black Money (Undisclosed Foreign Income and Assets) and Imposition of Tax Act, 2015" (PDF). 26 May 2015. Retrieved 29 May 2015. [...] - ^ a b c d e f g h "BLACK MONEY (UNDISCLOSED FOREIGN INCOME AND ASSETS) AND IMPOSITION OF TAX ACT, 2015;". www.incometaxindia.gov.in. Retrieved 7 September 2018.
Claim: Black money (undisclosed foreign income and assets) and imposition of tax Act 2015 enacted. (Govt. of India, 2018-05-26)
Evidence (2021-08-04): This article serves as a primer for the Black Money (Undisclosed Foreign Income and Assets) and Imposition of Tax Act, 2015. Black money has long been a scourge for the Indian economy with residents refusing to report transactions to evade tax and avoid regulatory scrutiny. The National Council of Applied Economic Research estimated that the illicit wealth accumulated outside India between 1980 and 2010 as somewhere between USD 384 billion and USD 490 billion. In 2015, the Black Money (Undisclosed Foreign Income and Assets) and Imposition of Tax Act, 2015 (Black Money Act) was enacted to penalise persons with black money abroad and to curb overseas diversion of Indian funds with the intention of evading taxes in India. The Black Money Act is essentially an extension of the Indian income tax regime that specifically targets residents hiding their income from foreign sources from the authorities. [...] Under the Black Money Act, undisclosed foreign income and, or, assets are subject to tax at 30% of the taxable value of such income and, or asset. Further, the assessee is also liable to a penalty of 3 times of the tax computed. As a consequence, the assessee ends up paying 120% of the taxable value of undisclosed foreign income or asset.
Claim: Black money (undisclosed foreign income and assets) and imposition of tax Act 2015 enacted. (Govt. of India, 2018-05-26)
Evidence (2021-09-15): It may be noted that following earlier similar such leaks in the form of ICIJ, HSBC, Panama Papers and Paradise Papers, the Government has already enacted the Black Money (Undisclosed Foreign Income and Assets) and Imposition of Tax Act, 2015 with an aim to curb black money, or undisclosed foreign assets and income by imposing suitable tax and penalty on such income. Undisclosed credits of Rs. 20,352 crore approximately (status as on 15.09.2021) have been detected in the investigations carried out in the Panama and Paradise Papers.
Claim: Black money (undisclosed foreign income and assets) and imposition of tax Act 2015 enacted. (Govt. of India, 2018-05-26)
Evidence (2021-05-31): In the recent years, the Government has taken a number of measures to bring back the black money stashed abroad ‘The Black Money (Undisclosed Foreign Income and Assets) and Imposition of Tax Act, 2015’. This was stated in a written reply by Union Minister of State for Finance Shri Pankaj Chaudhary to a question in Lok Sabha today. [...] Further, more than 107 prosecution complaints have been filed under the Black Money (Undisclosed Foreign Income and Assets) and Imposition of Tax Act, 2015, the Minister stated. [...] - Enactment of ‘The Black Money (Undisclosed Foreign Income and Assets) and Imposition of Tax Act, 2015’ which has come into force w.e.f. 01.07.2015 to specifically and more effectively deal with the issue of black money stashed away abroad. Apart from prescribing more stringent penal consequences, this law has included the offence of willful attempt to evade tax etc. in relation to undisclosed foreign income/assets as a Scheduled Offence under the Prevention of Money- laundering Act, 2002 (PMLA).
Claim: Black money (undisclosed foreign income and assets) and imposition of tax Act 2015 enacted. (Govt. of India, 2018-05-26)
Evidence (2024-09-03): In 2015, the Parliament enacted the Black Money (undisclosed foreign income and assets) Imposition of Tax Act, 2015 (‘the BMA’) to curb the menace of black money by providing stringent provisions for tax, penalty and prosecution levy. The enactment of the BMA provided for a separate taxation mechanism for undisclosed asset located outside India and undisclosed foreign income in addition to the existing provisions contained in the Income Tax Act, 1961 ("IT Act"). The provisions of BMA were made applicable to persons who were tax residents of India when undisclosed foreign income was earned or an undisclosed asset outside India was acquired. In essence, if an Indian resident failed to pay tax on such foreign income or the source of acquisition of the undisclosed asset, the BMA would be triggered. Upon its enactment, the BMAopeneda compliance window of three months from July 2015 to September 2015 for disclosure of assets located outside India and payment of tax of 30% and 100% of the tax as penalty. The persons who made disclosure were granted immunity from criminal prosecution.
Claim: Black money (undisclosed foreign income and assets) and imposition of tax Act 2015 enacted. (Govt. of India, 2018-05-26)
Evidence (2015-05-26): An Act to make provisions to deal with the problem of the Black money that is undisclosed foreign income and assets, the procedure for dealing with such income and assets and to provide for imposition of tax on any undisclosed foreign income and asset held outside India and for matters connected therewith or incidental thereto. [...] Commissioner or Chief Commissioner or Principal Commissioner or Commissioner - 56 Offences by companies - 57 Proof of entries in records of documents - 58 Punishment for second and subsequent offences - TAX COMPLIANCE FOR UNDISCLOSED FOREIGN INCOME AND ASSETS - 59 Declaration of undisclosed foreign asset - 60 Charge of tax - 61 Penalty - 62 Manner of declaration - 63 Time for payment of tax - 64 Undisclosed foreign asset declared not to be included in total income - 65 Undisclosed foreign asset declared not to affect finality of completed assessments - 66 Tax in respect of voluntarily disclosed asset not refundable - 67 Declaration not admissible in evidence against declarant - 68 Declaration by misrepresentation of facts to be void - 69 Exemption from wealth-tax in respect of assets specified in declaration - 70 Applicability of certain provisions of Income-tax Act and of Chapter V of Wealth-tax Act - 71 Chapter not to apply to certain persons - 72 Removal of doubts - GENERAL PROVISIONS - 73 Agreement with foreign countries or specified territories - 74 Service of notice generally - 75 Authentication of notices and other documents - 76 Notice deemed to be valid in certain
Claim: The recent blast in UP’s Bulandshahr occurred at a Muslim man’s house named Mohammad Shafiq (SOCIAL MEDIA POST, 2023-03-31)
Evidence (2023-03-31): The blast occurred at a property owned by Satish Kumar, which was rented by Raj Kumar under the pretense of manufacturing surf. The explosion was the result of illegal firecracker production. Neither the owner nor the tenant belongs to the Muslim community. Hence the claim made in the post is FALSE.
Claim: The recent blast in UP’s Bulandshahr occurred at a Muslim man’s house named Mohammad Shafiq (SOCIAL MEDIA POST, 2023-03-31)
Evidence (2024-10-07): Over time a fourfold division arose among the Ashraf, with the Sayyids (the actual or claimed descendants of the Islamic prophet, Mohammad), the Shaikh, communities signifies Arab descent and comes under high Baradari of society, however majority are the native Brahmin, Kshatriya and Vaishya clans who used the title of Sheikh after conversion to Islam, the Mughals, descendants of Central Asian Turks and Mongols and the Pathans, descendants of Pashtun tribesmen from Pakistan and Afghanistan.[12] Occasionally, important convert communities such as the Kayastha Muslim and manihar of eastern Uttar Pradesh, were also granted Ashraf status. [...] Groups that tend to fall in this category include the Halalkhor and Lal Begi.[32] Uttar Pradesh Muslims often identify themselves in smaller units called biradaris, which are localized lineage groupings; for example, the Qidwai Shaikh.[33] [...] Notable people [edit]Notable Muslims from Uttar Pradesh include actress Shabana Azami, Vice President of India Mohammad Hamid Ansari, Vice President of Muslim Personal Law Board Dr. Kalbe Sadiq, actor and director Muzaffar Ali, journalist Saeed Naqvi, Persian scholar Dr. Naiyer Masud Rizvi, linguist Masud Husain Khan, Governor Syed Sibtey Razi, historian Irfan Habib, politician Salman Khursheed, and cricketer Mohammad Kaif.
Claim: The recent blast in UP’s Bulandshahr occurred at a Muslim man’s house named Mohammad Shafiq (SOCIAL MEDIA POST, 2023-03-31)
Evidence (2023-04-02): UP's Bulandshahr city was razed to the ground, police investigation has revealed that residential building was given on rent to a firecracker trader named Raj Kumar who was illegally manufacturing crackers and is now on the run. [...] SSP Shlok Kumar said, "An FIR has been filed against Kumar and his two brothers -- Vinod, who died in the blast and Pramod who has been taken into police custody -- under relevant sections of Explosives Act, IPC sections 304 (culpable homicide), 285 (negligent conduct with respect to fire or combustible matter), 265 (fraudulent use of false weight or matter) and 269 (release of obnoxious matter into environment)." He added, "A unit of bomb disposal squad had arrived from Ghaziabad that destroyed the inflammable chemical brought in from a Tamil Nadu based unit that manufactures raw material used for firecrackers."
Claim: The recent blast in UP’s Bulandshahr occurred at a Muslim man’s house named Mohammad Shafiq (SOCIAL MEDIA POST, 2023-03-31)
Evidence (2023-06-18): LUCKNOW: A Muslim man was beaten and forced to chant ‘ Jai Shree Ram" in Uttar Pradesh’s Bulandshahr. The gang of three began attacking Sahil accusing him of mobile theft. The gruesome attack was shooted on the phone and was made viral after sharing it through social media. The incident happened on June 13, but Sahil’s family reached with the complaint to ASP yesterday after which the arrest was made.
Claim: The recent blast in UP’s Bulandshahr occurred at a Muslim man’s house named Mohammad Shafiq (SOCIAL MEDIA POST, 2023-03-31)
Evidence (2024-01-24): Massive rise in convictions under Arms Act in UP's Bulandshahr
Claim: The recent blast in UP’s Bulandshahr occurred at a Muslim man’s house named Mohammad Shafiq (SOCIAL MEDIA POST, 2023-03-31)
Evidence (2024-06-14): In yet another incident of jilted lover committing a horrendous crime, a man in UP's Bulandshahr slit his girlfriend's throat and beheaded her. The crime was committed on June 11 in the graveyard of Mohalla Khirkhani of Khurja Nagar Kotwali area. The reason behind this was the alleged infidelity of the woman. How did we know this? The man openly confessed his crime on a video with no regret. With laughs and grins, he said, "Dhoke ki saza hai maut." [...] Apart from the bragging about the crime, the man threatened the authorities to not harm his family. He said, "If any of my family members are touched, I will kill everybody and bomb the houses of those who dare touch my family members."
Claim: The recent blast in UP’s Bulandshahr occurred at a Muslim man’s house named Mohammad Shafiq (SOCIAL MEDIA POST, 2023-03-31)
Evidence (2024-10-05): Bulandshahr: Eight people have been arrested and nearly ninety others from a minority community have been booked for allegedly hurling stone towards a police team in the Gaddiwada area of Sikandrabad district on Friday night, while protesting against the detention of some men earlier in the day. [...] Bulandshahr SSP Shlok Kumar said, "Some people were detained earlier in the day for attempting to protest without permission. However, in the evening, a violent crowd pelted stones at police." In light of the unrest, IG Meerut Zone Nachiketa Jha inspected the area late at night. Authorities issued a stern warning, emphasizing that strict actions will be taken against those attempting to disrupt peace.
Claim: The recent blast in UP’s Bulandshahr occurred at a Muslim man’s house named Mohammad Shafiq (SOCIAL MEDIA POST, 2023-03-31)
Evidence (2024-09-20): The explosions occurred in the vicinity of a large crowd that had gathered for the funerals of four victims of Tuesday's simultaneous pager blasts, which killed at least 12 people and injured nearly 3,000. [...] Explosions continued for around an hour after the initial blasts, the Reuters news agency reported. [...] Similar scenes played out across the country in another round of blasts on Wednesday, at around 17:00 local time (15:00 BST).
Claim: The recent blast in UP’s Bulandshahr occurred at a Muslim man’s house named Mohammad Shafiq (SOCIAL MEDIA POST, 2023-03-31)
Evidence (2024-10-07): The blast was reportedly heard in various areas around the city, with footage from local media showing thick smoke and cars set alight. Pictures online show security officials and firefighters investigating the explosion site, with several vehicles charred by the blast. [...] She added the injured included a police constable and a woman.
Claim: The recent blast in UP’s Bulandshahr occurred at a Muslim man’s house named Mohammad Shafiq (SOCIAL MEDIA POST, 2023-03-31)
Evidence (2022-02-25): All Stories for Bulandshahr [...] Rape survivor from UP's Bulandshahr, set ablaze by kin of accused, dies in Delhi; three arrested • 3 years agoAccording to police, the girl was earlier allegedly raped by a local resident and was being pressured by the uncle of the accused to withdraw her complaint Chandra Shekhar Azad claims shots fired at his convoy in Uttar Pradesh's Bulandshahr • 3 years agoNo complaint has been lodged in this regard so far and police said the incident is yet to be confirmed
Claim: The recent blast in UP’s Bulandshahr occurred at a Muslim man’s house named Mohammad Shafiq (SOCIAL MEDIA POST, 2023-03-31)
Evidence (2024-07-05): Asif was able to get them released the next day, on 1 July. Even though the incident took place on 30 June, the police only filed the FIR on 3 July. [...] The FIR includes the names of Rinku, Rahul, Brajmohan, Honey and a number of unidentified people. [...] "There was a clear attempt to murder and both of them are suffering from multiple wounds. We will fight this in court despite what the police says," Ahmed said.
Claim: The recent blast in UP’s Bulandshahr occurred at a Muslim man’s house named Mohammad Shafiq (SOCIAL MEDIA POST, 2023-03-31)
Evidence (2018-12-09): The events throw a spotlight on the religious strains in places like Nayabans since prime minister Narendra Modi’s Hindu nationalist Bharatiya Janata Party (BJP) came to power at the national level in 2014 and in Uttar Pradesh in 2017. Tensions are ratcheting up ahead of the next general election, due to be held by May. The BJP said it was "bizarre" to assume the party would benefit from any religious disharmony, dismissing suggestions that its supporters were largely responsible for the tensions. "In a large country like India nobody can ensure that nothing will go wrong, but it’s our responsibility to maintain law and order and we understand that," party spokesman Gopal Krishna Agarwal said. "But people are trying to politicize these issues." [...] Asked if there was any bias against Muslims, Uttar Pradesh government spokesman Sidharth Nath Singh — who is also the state’s health minister — told Reuters: "We believe in equality and our motto is sabka saath, sabka vikas", using a Hindi phrase often used by Modi that means "collective effort, inclusive growth". [...] Muslims say they increasingly feel like second-class citizens in their own country. "The BJP will definitely benefit from such incidents," said Tahir Saifi, a Muslim community leader a few miles from the area of violence who supports a regional opposition party in Uttar Pradesh. "They want all Hindus to unite, and when religion comes into the picture, other issues like development take a back seat."
Claim: The recent blast in UP’s Bulandshahr occurred at a Muslim man’s house named Mohammad Shafiq (SOCIAL MEDIA POST, 2023-03-31)
Evidence (2023-03-31): BREAKING: 4 Dead After Massive Explosion In Chemical Factory in UP's Bulandshahr [...] Bulandshahr: At least four people were killed following an explosion in a chemical factory in Uttar Pradesh's Bulandshahr. The incident took place in a house, where the factory was running, on Dhikoli road in the Nagar Kotwali area. [...] "A major blast took place at a house in the middle of farms in UP's Bulandshahr on Friday, leaving four people dead. The blast reportedly occurred in a cylinder," police said.
Claim: The recent blast in UP’s Bulandshahr occurred at a Muslim man’s house named Mohammad Shafiq (SOCIAL MEDIA POST, 2023-03-31)
Evidence (2023-04-01): MEERUT: Four people died in a powerful blast that flattenened a two-storey building situated in an agricultural farm near Bulandshahr city in Uttar Pradesh on Friday. The blast was so powerful that it could be heard 5 km away in the city. When locals and police personnel reached the site, mutilated body parts were found scattered, some as far as 200 m from the blast spot, while splinters and broken brick pieces flew further and pierced the walls of dwellings located several hundred metres away. [...] Bulandshahr senior superintendent of police (SSP) Shlok Kumar said, "We received information about a cylinder blast, following which several teams, including the fire department, forensic, dog squads, etc rushed to the site. As of now, four persons have been confirmed dead."