https://www.taxtmi.com/caselaws?id=384880 The court upheld the Principal Commissioner of Income Tax-4's decision to declare the petitioners' Income Declaration Scheme declarations void due to misrepresentation and suppression of facts. The court found no violation of natural justice principles as the IDS did not require prior notice before such actions. Jurisdictionally, the PCIT-4 in New Delhi was deemed competent to make the decision despite the declarations being made to another office. The provisional attachment orders under the Prohibition of Benami Property Transactions Act supported the finding that the declarations were invalid. The court dismissed the writ petitions, affirming the PCIT-4's decision. en-us Wed, 21 Aug 2019 00:00:00 +0530 Fri, 23 Aug 2019 12:15:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=384880 The court upheld the Principal Commissioner of Income Tax-4's decision to declare the petitioners' Income Declaration Scheme declarations void due to misrepresentation and suppression of facts. The court found no violation of natural justice principles as the IDS did not require prior notice before such actions. Jurisdictionally, the PCIT-4 in New Delhi was deemed competent to make the decision despite the declarations being made to another office. The provisional attachment orders under the Prohibition of Benami Property Transactions Act supported the finding that the declarations were invalid. The court dismissed the writ petitions, affirming the PCIT-4's decision. Case-Laws Income Tax Wed, 21 Aug 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=384880