MUMBAI: Next time, you will think twice before opening a bank account in Jersey or buying a property in London — even if the transaction is legitimate. Everyone having accounts with offshore banks, or owning properties or stocks abroad will be soon asked a string of questions by the tax office — how the money was earned, how was it transferred, was the Reserve Bank of India informed, and most importantly, what lies beyond the accounts and shareholdings.
The apex body, Central Board of D ..
