Notification No. 87/2021 [F. No. 285/10/2019-IT(Inv.V) CBDT] / SO 3135(E)

Last updated: 06 August 2021

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The Central Government, in consultation with the Chief Justice of the Gujarat High Court, has designated a specific court as the Special Court for the Black Money (Undisclosed Foreign Income and Assets) and Imposition of Tax Act, 2015. This designation is made under the powers granted by the Income-tax Act, 1961, and the Black Money Act itself. The purpose is to establish a dedicated court for handling cases related to undisclosed foreign income and assets within a specified area in Gujarat.

MINISTRY OF FINANCE

(Department of Revenue)

(CENTRAL BOARD OF DIRECT TAXES)

(INVESTIGATION DIVISION-V)

NOTIFICATION

New Delhi, the 4th August, 2021

S.O. 3135(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 2015), the Central Government, in consultation with the Chief Justice of the High Court of Gujarat, hereby designates the following Court mentioned in column (2) of the Table below as the Special Court for the area specified in the column (3) of the said Table, for the purposes of section 84 of the Black Money (Undisclosed Foreign Income and Assets) and Imposition of Tax Act, 2015, namely:-

[Notification No. 87/2021/F. No. 285/10/2019-IT(Inv.V) CBDT]

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

FAQ :

The notification designates a specific court as a Special Court for the Black Money (Undisclosed Foreign Income and Assets) and Imposition of Tax Act, 2015.

This notification is related to the Black Money (Undisclosed Foreign Income and Assets) and Imposition of Tax Act, 2015.

The Central Government, in consultation with the Chief Justice of the High Court of Gujarat, designated the Special Court.

The powers conferred by 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, are being exercised.

The Special Court is designated for a specific area in Gujarat, as detailed in the table within the notification.