https://www.taxtmi.com/caselaws?id=393466 The court acknowledged the petitioners' arguments challenging the applicability and constitutionality of the Black Money Act. While noting the severe penalties under the Act, the court found that the petitioners were statutorily barred from making declarations under Section 59 due to received information. The court allowed the respondents to proceed with the notices but prohibited coercive measures against the petitioners. An early hearing of the related writ petition was directed, and the notice of motion was discharged. en-us Fri, 13 Mar 2020 00:00:00 +0530 Mon, 31 Aug 2020 16:29:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=393466 The court acknowledged the petitioners' arguments challenging the applicability and constitutionality of the Black Money Act. While noting the severe penalties under the Act, the court found that the petitioners were statutorily barred from making declarations under Section 59 due to received information. The court allowed the respondents to proceed with the notices but prohibited coercive measures against the petitioners. An early hearing of the related writ petition was directed, and the notice of motion was discharged. Case-Laws Income Tax Fri, 13 Mar 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=393466