Tag Archives: Principal Director of Income-tax

Supreme Court Grants SLP Against High Court Order Dismissing Revenue’s Appeal On Low Tax Effect Under Black Money Act

By | September 7, 2026

Supreme Court Grants SLP Against High Court Order Dismissing Revenue’s Appeal On Low Tax Effect Under Black Money Act Supreme Court Grants SLP Against High Court Order Dismissing Revenue’s Appeal On Low Tax Effect Under Black Money Act Issue Whether a Special Leave Petition (SLP) should be granted against a High Court order that dismissed… Read More »

Departmental Appeal Dismissed as Monetary Limit of Rs. 10 Lakhs Falls Below Prescribed Limit.

By | August 31, 2026

Departmental Appeal Dismissed as Monetary Limit of Rs. 10 Lakhs Falls Below Prescribed Limit. Issue Whether a departmental appeal filed before the High Court against a penalty of Rs. 10 lakhs imposed under Section 43 of the Black Money Act, 2015 is maintainable in light of CBDT Circular No. 5 of 2024 raising the monetary… Read More »