New Delhi [India], May 28 (ANI): The Delhi High Court on Friday issued notice to the Income Tax Department over businessman Robert Vadra's plea challenging notices issued to him on December 4, 2018, and December 18, 2019, under Section 10 (1) of the Black Money Act, 2015.
Delhi HC grants Robert Vadra three more weeks for responding to I-T Dept notices
A bench of Justices Rajiv Shakdher and Talwant Singh issued notice to the I-T Department and asked it to file within four weeks its response to Vadra s petition challenging notices issued to him
PTI | May 28, 2021 | Updated 17:37 IST
Vadra, son-in-law of Congress chief Sonia Gandhi, sought to declare as illegal and unconstitutional the 2018 and 2019 notices
The Delhi High Court Friday granted three more weeks to businessman Robert Vadra to respond to the notices issued to him by the Income Tax (I-T) Department under the black money law. The high court said the I-T Department can continue with the assessment proceedings, but no final order shall be passed by it.
The Delhi High Court Friday granted three more weeks to businessman Robert Vadra to respond to the notices issued to him by the Income Tax (I-T) Department under the black money law. The high court said the I-T Department can continue with the assessment proceedings, but no final order shall be passed by it. A bench of Justices Rajiv Shakdher and Talwant Singh issued notice to the I-T Department and asked it to file within four weeks its response to Vadra s petition challenging notices issued to him on December 4, 2018 and December 18, 2019 under Section 10 (1) of the Black Money Act, 2015. The court listed the matter for further hearing on August 10.
Black Money Act: Income Tax department clears the air on appeals indiatimes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from indiatimes.com Daily Mail and Mail on Sunday newspapers.
Modi speaking on black money
Five years after the stringent Black Money (Undisclosed Foreign Income and Assets) and Imposition of Tax Act was passed by the Parliament in 2016, the authorities are now set to issue the first set of show cause letters under the law,
Economic Times.
The authorities may likely serve about 400 notices under the law nationwide. Of these, 40-50 are likely to be served in Mumbai alone. It should be noted that Mumbai accounts for the largest quantum of income tax collection in the nation.
Though the law was passed by the Parliament in 2015, it came into force on 1 April 2016. It is more stringent and wider than the Income Tax Act.