Use of income-tax information permitted for Black Money Act purposes, allowing tax returns and statements to be used in investigations. All information contained in statements or returns made or furnished under the Income-tax Act, or obtained or collected for the purposes of that Act, may be used for the purposes of the Black Money (Undisclosed Foreign Income and Assets) and Imposition of Tax Act, 2015, notwithstanding anything contained in the Income-tax Act.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Use of income-tax information permitted for Black Money Act purposes, allowing tax returns and statements to be used in investigations.
All information contained in statements or returns made or furnished under the Income-tax Act, or obtained or collected for the purposes of that Act, may be used for the purposes of the Black Money (Undisclosed Foreign Income and Assets) and Imposition of Tax Act, 2015, notwithstanding anything contained in the Income-tax Act.
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