Prospective application of Black Money - the Act of 1961 does ...
1961 Black Money Act lacks imprisonment; 2015 Act includes it, so no double punishment for the same offense.
February 18, 2019
Case Laws Income Tax HC
Prospective application of Black Money - the Act of 1961 does not impose a punishment of imprisonment while the Act of 2015 does. In such circumstances, it cannot be said that, the petitioner has been sought to be punished twice for the same offence.
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