Here comes a hitch for the taxman. Deported fugitives, truant bottowers slapped with lookout notices, extradited accused or even approvers singing like a canary before law enforcement agencies the long cast of characters who are unable to fly out of the country-cannot be readily forced to disclose their foreign bank accounts, companies, and properties.

This stems from a Delhi High Court order that has stayed the tax office's demand that Rajiv Saxena, the Dubaibased businessman who was extradited to India in January 2019 in connection Forced Stay? No BMA, says Court I-T Dept can't blindly impose law on involuntary residents' in India to get foreign asset info with the AgustaWestland case, must share the details of his foreign assets.
With this, the income tax authorities cannot blindly invoke the Black Money Act (BMA) simply because a person has unwillingly become a 'resident'-following his involuntary stay in India beyond 181 days. Under the Black Money (Undisclosed Foreign Income and Assets) and Imposition of Tax Act, 2015, which came into effect on July 1, 2015, all residents must declare their overseas assets in the annual tax return.