In the second round of clarifications on the unaccounted money law next week, the government is likely to ask those holding such funds to make disclosures based on their income expectations from foreign bank accounts more than 10 years old, in case of unavailability of records.This will be part of about two dozen frequently asked questions (FAQs) the Department of Revenue will issue on the Undisclosed Foreign Income and Assets Act, popularly known as the black money Act, as well as on a three-month compliance window under the law.

Source - http://www.business-standard.com