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of <h1>All pending Black Money Act cases to be transferred to Central Charges under Income-tax Act jurisdiction</h1> All cases under the Black Money (Undisclosed Foreign Income and Assets) and Imposition of Tax Act, 2015 pending with jurisdictional Income-tax authorities, except those under specific investigative officers, shall be transferred to respective Central Charges. Jurisdiction for these cases will align with the Income-tax Act jurisdiction. The competent authority must identify pending cases and transfer them following prescribed procedures, including coordination with faceless assessment and penalty centers when applicable. Upon transfer of Income-tax jurisdiction, the Central Charges will automatically acquire jurisdiction under the Black Money Act. Pending appeals with the National Faceless Appeal Centre may also be transferred to Central Charges. Additional and Joint Commissioners in Central Charges will exercise powers of Assessing Officer under the Black Money Act for transferred cases. This directive aims to streamline handling and ensure consistent jurisdiction over Black Money cases.
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