https://www.taxtmi.com/news?id=73268 Interim protection from coercive action, including prosecution and penalty, was granted in a writ petition challenging the constitutional validity of provisions of the Black Money Act. The petitioner disputed the Act's retrospective application to earlier assessment years and the notice alleging wilful non-disclosure of foreign bank accounts, foreign assets, and beneficial interests in overseas entities, while the appeal process was allowed to continue. en-us Wed, 10 Jun 2026 12:31:04 +0530 Wed, 10 Jun 2026 12:31:05 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=73268 Interim protection from coercive action, including prosecution and penalty, was granted in a writ petition challenging the constitutional validity of provisions of the Black Money Act. The petitioner disputed the Act's retrospective application to earlier assessment years and the notice alleging wilful non-disclosure of foreign bank accounts, foreign assets, and beneficial interests in overseas entities, while the appeal process was allowed to continue. News - Wed, 10 Jun 2026 12:31:04 +0530 https://www.taxtmi.com/news?id=73268