U/s 280A(1) of IT Act 1961, Central Government, in consultation with the Chief Justice of the High Court of Tripura designates the courts of Magistrates of First Class as Special Courts - 61/2021 - Income Tax Act, 1961
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Special Court designation for Black Money Act prosecutions centralises jurisdiction to facilitate enforcement under the Act. Central Government, under statutory powers in the taxation and Black Money legislation and after consulting the Chief Justice of the High Court, designates a First Class Magistrate's court as the Special Court to exercise jurisdiction for trials, prosecutions and proceedings under the Black Money (Undisclosed Foreign Income and Assets) and Imposition of Tax Act within the State.
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Provisions expressly mentioned in the judgment/order text.
Special Court designation for Black Money Act prosecutions centralises jurisdiction to facilitate enforcement under the Act.
Central Government, under statutory powers in the taxation and Black Money legislation and after consulting the Chief Justice of the High Court, designates a First Class Magistrate's court as the Special Court to exercise jurisdiction for trials, prosecutions and proceedings under the Black Money (Undisclosed Foreign Income and Assets) and Imposition of Tax Act within the State.
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