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2021 (5) TMI 1060 - HC - Income TaxBlack Money - show-cause notice issued u/s 10(1) of the Black Money (Undisclosed Foreign Income and Assets) and Imposition of Tax Act - as argued since the petitioner has already taken recourse to the statutory remedy, the present writ petition cannot be entertained - HELD THAT:- As we are prima facie of the view that, merely, on the ground, that the petitioner has taken recourse to an alternate remedy, we cannot refuse to entertain the instant writ petition. The petitioner’s explanation, at this stage, seems to be a plausible one; which is that, since limitation was running against him, he had to file the appeal. That being said, there are issues raised by the petitioner which impinge upon the jurisdiction of the respondents/revenue with regard to the triggering of the provisions of the 2015 Act. These are aspects that we are considering, as pointed out hereinabove, in other matters as well. Accordingly, issue notice.
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