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Wednesday, December 3, 2014

Supreme Court of India(SCI)asks Centre to ensure completion of Income Tax probe into black money case by March 31,2015

The Supreme Court of India(SCI)on Wednesday Dec 03,2014 asked the Centre to ensure that the ongoing Income Tax probe for suspected black money concerning 627 Indians who have accounts in HSBC bank, Geneva, be completed by March 2015
  
 
 

The SC directed the Special Investigation Team (SIT) probing the black money case to consider providing the copies of the reports of its probe to eminent jurist Ram Jethmalani, who is one of the petitioners in the matter.

The SC asked the Centre to ensure that the probe for suspected black money does not get time-barred and be completed by March 2015.

The SC also said that if for any reasons the probe remains inconclusive, the Centre will take appropriate decision to extend the deadline of March 31, 2015.

The next hearing of the case will be on the Jan 20,2015

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