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Income Tax - Highlights / Catch Notes

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Power of Settlement Commission - Section 4(3) Black Money Act - ...


Settlement Commission Lacks Jurisdiction Over Undisclosed Foreign Income u/s 4(3) of the Black Money Act.

June 8, 2019

Case Laws     Income Tax     HC

Power of Settlement Commission - Section 4(3) Black Money Act - the order dated 30.1.2019 of shall not be construed as conferring jurisdiction under the Black Money Act on the Settlement Commission to deal with the issue of undisclosed foreign income and assets - notice issued

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