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Income Tax - Highlights / Catch Notes

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Power of Central Government u/s 85 & 86 - Black Money Act, 2015 ...


Central Government's Pre-April 2016 Notifications Under Black Money Act Deemed Invalid; Strong Case for Interim Relief.

May 18, 2019

Case Laws     Income Tax     HC

Power of Central Government u/s 85 & 86 - Black Money Act, 2015 - ultravirus of notifications issued making them effective prior to 01.04.2016 - A fortiori the Central Government further could not have, prior to the said Act coming into force i.e. 01.04.2016, altered the date by exercising the powers available to it u/ss 85 and 86 by advancing it to 01.07.2015 - a good prima facie case for grant of interim relief

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