Delhi HC stays Proceedings under Black Money Act to Examine Validity of Retrospective Application [Read Order]

Delhi High Court - Black Money Act - Black Money - Retrospective Application - Taxscan

The Delhi High Court stayed the proceedings under the Black Money (Undisclosed Foreign Income and Assets) and Imposition of Tax Act, 2015 to examine the validity of the retrospective application. Dhruv Lamba, the petitioner challenged the notice dated 08.04.2022 issued under Section 10(1) of the Black Money (Undisclosed Foreign Income and Assets) and Imposition of…

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