Blackmoney: SC Asks Centre To Ensure Completion of IT Probe by March, 2015

2014-12-04 35

TV9 News: Blackmoney: Supreme Court Asks Centre To Ensure Income Tax Probe by March, 2015...,

New Delhi: The Supreme Court on Wednesday 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 next year.

The apex court 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 court asked the Centre to ensure that the probe for suspected black money does not get time-barred and be completed by March next year. The court 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 January 20.

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