The Calcutta High Court has held that Prosecution under Black Money Act (Black Money (Undisclosed Foreign Income and Assets) and Imposition of Tax Act, 2015) during the pendency of Penalty proceedings under the Income Tax Act does not amount to Double Jeopardy. The petitioner Mr. Shrivardhan Mohta has sought a declaration that, the provisions of […]
The post Calcutta HC upholds Prosecution Under Black Money Act during Pendency of Income Tax Proceedings [Read Judgment] appeared first on Taxscan | Simplifying Tax Laws.
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