https://www.taxtmi.com/caselaws?id=375374 The court dismissed the writ petition challenging the applicability of the Black Money Act of 2015, ruling in favor of prosecution under the Act for actions post-enactment. It held that the petitioner's failure to disclose foreign assets after the Act's implementation warranted prosecution, rejecting claims of double jeopardy and the necessity of proving mens rea. The court upheld the validity of the prosecution under the Act of 2015, finding no merit in the petitioner's arguments and dismissing the writ petition without costs. en-us Thu, 14 Feb 2019 00:00:00 +0530 Mon, 18 Feb 2019 06:37:55 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=375374 The court dismissed the writ petition challenging the applicability of the Black Money Act of 2015, ruling in favor of prosecution under the Act for actions post-enactment. It held that the petitioner's failure to disclose foreign assets after the Act's implementation warranted prosecution, rejecting claims of double jeopardy and the necessity of proving mens rea. The court upheld the validity of the prosecution under the Act of 2015, finding no merit in the petitioner's arguments and dismissing the writ petition without costs. Case-Laws Income Tax Thu, 14 Feb 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=375374