Pre-order: A Treatise on the Black Money Act of India (1st Edition, 2026)
- Year of Publication: 2026
- Edition: 1st
- ISBN: 978-81-993052-4-3
- No.of Pages: 884
A Treatise on the Black Money Act of India - Law Practice & Jurisprudence offers a comprehensive analysis of the Black Money (Undisclosed Foreign Income and Assets) and Imposition of Tax Act, 2015 (BMA), based on a decade of ITAT decisions and High Court rulings. It examines assessments, appeals, penalties, and prosecutions, providing insights into tax authorities & practices and common legal challenges.
The BMA has raised awareness about the issue of foreign black money but its effectiveness in recovering overseas assets and penalizing tax evaders is being tested due to various practical and judicial challenges.
The book evaluates the law & substantive and practical provisions to enable better understanding and compliance. It serves as a vital resource for tax and legal practitioners, taxpayers, and authorities, addressing theoretical interpretations, key judicial rulings, and providing a framework for understanding complex BMA cases.
T P Ostwal is a leading authority in international taxation and transfer pricing, with over four decades of professional experience. He is the Founder of T. P. Ostwal & Associates LLP and has served on several influential bodies, including the UN Subcommittee on Transfer Pricing and various expert committees of the Government of India. Widely recognised for his policy contributions and practical expertise, he has advised on complex cross-border tax matters and represented clients at all appellate levels. A respected author and speaker, he brings deep insight into the interpretation and administration of India’s evolving tax laws.
Kush Vatsaraj is a partner at M/s Vatsaraj & Co., and the 4th generation member of the audit and tax firm established in 1934. A Chartered Accountant with more than 10 years of professional experience, he has previously worked at M/s T P Ostwal & Associates LLP. His expertise spans international taxation, transfer pricing, cross-border structuring, FEMA, valuations, tax litigation, and advising clients from start-ups to global conglomerates and HNIs. He writes and speaks widely, has contributed to the UN Transfer Pricing Manual 2021, and holds roles with FIT and IFA. Outside work, he enjoys reading, follows Manchester United, and pursues wildlife and nature photography.
About Taxsutra:
Taxsutra is considered the most credible source of tax news in the tax fraternity. What started as a fledgling start-up has now become a leading brand in the tax world not only in India, but across the globe. Taxsutra's diverse customer set includes Fortune 500 Companies, large Indian Business Groups, Global Conglomerates, Tax Judges, IRS Officers, CBDT, Tax Lawyers & thousands of tax practitioners.
Taxsutra suite of portals :
1. Real time tax news & analysis for Corporate Tax (www.taxsutra.com/dt)
2. Transfer Pricing Portal (www.taxsutra.com/tp)
3. GST and Central Indirect Taxes Portals (www.taxsutra.com/gst - www.idt.taxsutra.com)
4. "Taxsutra Database" - Powerful Online Direct Tax Reference and Search Tool (www.database.taxsutra.com)
5. LawStreetIndia (LSI) (www.lawstreetindia.com) contains sub-modules on Company law, Securities law (SEBI/SAT), FEMA, IP laws & Competition Law
6. Taxsutra Accounting Standards portal (Ind-AS) (www.greentick.taxsutra.com)
About Oakbridge Publishing Pvt Ltd
OakBridge is a new age information services company established to re-establish the craft of publishing to better-serve the evolved needs of today’s Professionals and Academia. It is uniquely designed to have a strong framework of authoritative and reliable content, ethical and transparent business practices, operational excellence, and an unparalleled customer experience.
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- Year of Publication: 2026
- Edition: 1st
- ISBN: 978-81-993052-4-3
- No.of Pages: 884
A Treatise on the Black Money Act of India - Law Practice & Jurisprudence offers a comprehensive analysis of the Black Money (Undisclosed Foreign Income and Assets) and Imposition of Tax Act, 2015 (BMA), based on a decade of ITAT decisions and High Court rulings. It examines assessments, appeals, penalties, and prosecutions, providing insights into tax authorities & practices and common legal challenges.
The BMA has raised awareness about the issue of foreign black money but its effectiveness in recovering overseas assets and penalizing tax evaders is being tested due to various practical and judicial challenges.
The book evaluates the law & substantive and practical provisions to enable better understanding and compliance. It serves as a vital resource for tax and legal practitioners, taxpayers, and authorities, addressing theoretical interpretations, key judicial rulings, and providing a framework for understanding complex BMA cases.
T P Ostwal is a leading authority in international taxation and transfer pricing, with over four decades of professional experience. He is the Founder of T. P. Ostwal & Associates LLP and has served on several influential bodies, including the UN Subcommittee on Transfer Pricing and various expert committees of the Government of India. Widely recognised for his policy contributions and practical expertise, he has advised on complex cross-border tax matters and represented clients at all appellate levels. A respected author and speaker, he brings deep insight into the interpretation and administration of India’s evolving tax laws.
Kush Vatsaraj is a partner at M/s Vatsaraj & Co., and the 4th generation member of the audit and tax firm established in 1934. A Chartered Accountant with more than 10 years of professional experience, he has previously worked at M/s T P Ostwal & Associates LLP. His expertise spans international taxation, transfer pricing, cross-border structuring, FEMA, valuations, tax litigation, and advising clients from start-ups to global conglomerates and HNIs. He writes and speaks widely, has contributed to the UN Transfer Pricing Manual 2021, and holds roles with FIT and IFA. Outside work, he enjoys reading, follows Manchester United, and pursues wildlife and nature photography.
About Taxsutra:
Taxsutra is considered the most credible source of tax news in the tax fraternity. What started as a fledgling start-up has now become a leading brand in the tax world not only in India, but across the globe. Taxsutra's diverse customer set includes Fortune 500 Companies, large Indian Business Groups, Global Conglomerates, Tax Judges, IRS Officers, CBDT, Tax Lawyers & thousands of tax practitioners.
Taxsutra suite of portals :
1. Real time tax news & analysis for Corporate Tax (www.taxsutra.com/dt)
2. Transfer Pricing Portal (www.taxsutra.com/tp)
3. GST and Central Indirect Taxes Portals (www.taxsutra.com/gst - www.idt.taxsutra.com)
4. "Taxsutra Database" - Powerful Online Direct Tax Reference and Search Tool (www.database.taxsutra.com)
5. LawStreetIndia (LSI) (www.lawstreetindia.com) contains sub-modules on Company law, Securities law (SEBI/SAT), FEMA, IP laws & Competition Law
6. Taxsutra Accounting Standards portal (Ind-AS) (www.greentick.taxsutra.com)
About Oakbridge Publishing Pvt Ltd
OakBridge is a new age information services company established to re-establish the craft of publishing to better-serve the evolved needs of today’s Professionals and Academia. It is uniquely designed to have a strong framework of authoritative and reliable content, ethical and transparent business practices, operational excellence, and an unparalleled customer experience.
