Special Court designated for Meghalaya for offences under Income Tax & Black Money Act

Special Court designated for Meghalaya for offences under Income Tax Act u/s 280A & section 84 of the Black Money Act 2015

MINISTRY OF FINANCE
(Department of Revenue)
(CENTRAL BOARD OF DIRECT TAXES)
(Investigation  Division-V)

Notification No. 88/2021

New Delhi, the 4th August, 2021

S.O. 3136(E).-In exercise of the powers conferred by sub-section (1) of section 280A of the Income-tax Act, 1961 (43 of 1961) and section 84 of the Black Money (Undisclosed Foreign Income and Assets) and Imposition of Tax Act, 2015 (22 of 20 15), the Central Government, in consultation with the Chief Justice of the High Court of Meghalaya , hereby designates the court  of the senior most Judicial Magistrate First Class of East Khasi Hills District, Shillong as the Special Court for the State of Meghalaya for the purposes of sub- section (1) of section 280A of the Income-tax Act, 1961 and section 84 of the Black Money (Undisclosed Foreign Income and Assets) and Imposition of Tax Act, 2015.

[F. No. 285/ 18/2021-IT(Inv.V) CBDT]

DEEPAK TIWARI,
Commissioner of lncome Tax (OSD) (INV.), CBDT

• Extension of timeline for implementation of Ship To GSTIN & Voluntary Closure of E-Way Bill functionalities
• No protective addition required when additions is confirmed in hands of searched person – ITAT
• Limitation u/s 34 of Arbitration Act commences on disposal of application u/s 33 by Arbitral Tribunal – SC
• Case remanded in absence of finding if disallowance u/s 40A(3) covered by Rule 6DD
• For investment in share capital, source of investment is outside the control of the investee company