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Black money

JURISHOUR | TAX LAW DAILY BULLETIN : 15 AUGUST, 2026

Here’s the Tax Law Daily Bulletin for  August 15, 2026.GSTSTRICT LIMITS ON GST CONFISCATION...
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Impact Of Black Money On An Economy

Black money, often described as the unaccounted or hidden wealth circulating outside the legal...

Old Tax Loophole Lets Households Hold ₹1 Crore in Gold Without Proof, Sparking Black Money Concerns

A decades-old tax guideline is allowing Indian households to legally hold significant quantities of...

Black Money Act: Tax Clearance Certificate Mandatory to Fly Abroad

The Union Finance Minister Nirmala Sitharaman has recently proposed an amendment in the Income...

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JURISHOUR | TAX LAW DAILY BULLETIN : 15 AUGUST, 2026

Here’s the Tax Law Daily Bulletin for  August 15, 2026.GSTSTRICT LIMITS ON GST CONFISCATION...

ITAT Quashes Reassessment as Section 148 Notice Issued Beyond Limitation Period

The Delhi Bench of the Income Tax Appellate Tribunal (ITAT) has quashed reassessment proceedings...

GST Refund Can’t Be Withheld During Tribunal Appeal Without Specific S. 54(11) Order: Patna High Court

The Patna High Court has held that the Revenue cannot withhold a GST refund...