Top Court Restrains Income Tax From Taking Action Against Gautam Khaitan


The apex court docket’s order got here on an attraction filed by the Centre.

New Delhi: 

The Supreme Courtroom immediately put aside a Delhi Excessive Courtroom order restraining the Earnings Tax division from taking any motion in opposition to VVIP chopper rip-off accused Gautam Khaitan, in opposition to whom a separate black cash case has been lodged.

A 3-judge bench headed by justice Arun Mishra directed the excessive court docket, which had additionally mentioned that the 2016 black cash legislation can’t be allowed to function with retrospective impact from July 2015, to resolve the matter afresh.

The apex court docket’s order got here on an attraction filed by the Centre in opposition to the Could 16 order of the excessive court docket.

Throughout arguments earlier than the highest court docket, the Centre had referred to provisions of the Black Cash (Undisclosed Overseas Earnings and Property) and Imposition of Tax Act, 2015 and had mentioned that offence alleged in opposition to Khaitan is a “continuing offence”.

The apex court docket had earlier stayed the operation of the excessive court docket’s Could 16 order.

The excessive court docket, in its interim order, had stayed the Centre’s notification to make operational the Black Cash (Undisclosed Overseas Earnings and Property) and Imposition of Tax Act with impact from July 1, 2015.

Mr Khaitan is likely one of the accused within the Rs 3600 crore AgustaWestland VVIP chopper rip-off.

Within the excessive court docket he had challenged the legality of varied provisions of the Black Cash (Undisclosed Overseas Earnings and Property) and Imposition of Tax Act, 2015.

(This story has not been edited by HEARALPUBLICIST workers and is auto-generated from a syndicated feed.)

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