Friday, November 16, 2018

Madras HC quashes proceedings initiated under Black Money Act against Chidambaram family

Black Money Act : Offence under section 50 was not made out if foreign asset in each case was acquired with money that was disclosed in books of account of assessee (and tax paid) and which was remitted through banking channels under schemes approved by RBI

from www.taxmann.com Latest Case Laws https://ift.tt/2Bc5NMV
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