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Informist, Tuesday, Sept. 8, 2026

 

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--Govt in SC seeks transfer of pleas against Black Money Act to Delhi HC 
--CONTEXT: Anil Ambani challenged Black Money Act provisions in Bombay HC 
--Govt to SC: Vast revenue implications involved in Black Money Act cases 
--Govt to SC: Proceedings to bring back black money from foreign soil stuck 
--SC to govt: Give list of cases in HCs on Black Money Act in 2 weeks 
--SC to hear Sept 22 plea to transfer Black Money Act cases to Delhi HC

 

NEW DELHI – The Supreme Court on Tuesday asked the Centre to give in two weeks a list of cases pending in various high courts that are challenging the provisions of The Black Money (Undisclosed Foreign Income and Assets) and Imposition of Tax Act, 2015. The apex court was hearing the Centre's plea seeking transfer of cases against Black Money Act provisions from the Bombay High Court to Delhi High Court as the former had put the case "to cold storage". 

 

The top court remarked why it should prefer one high court over another. There is no delay in the cases pending in the Delhi High Court, noted the apex court. The Centre's effort should now be to get a verdict from the Delhi High Court and whether it is against the government or in its favour, the Centre should request the Bombay High Court to decide the matter, said the court. 

 

There are 15 to 20 cases pending in the Delhi High Court against the provisions of Black Money Act and the matter is ripe for hearing, said the Centre. However, "a rule has been issued" by the Bombay High Court and the matter has been kept pending there, said the Centre. There are vast revenue implications in the case, said the government. A huge batch of pleas is created in each high court against the 2015 Act provisions challenge, it said. When these batches are created, proceedings relating to bringing back black money from foreign soil get stuck, said the government.  

 

The Centre said that it will make a complete list of the pending cases and file it before the Supreme Court. The Centre said that it will also make a prayer for some sort of expeditious disposal of these cases because a huge public interest is involved.

 

In June, the Bombay High Court has said no coercive action, including prosecution and penalty, shall be taken against Anil Dhirubhai Ambani Group Founder Chairman Anil Ambani, until it hears the petitioner's challenge against certain provisions of The Black Money (Undisclosed Foreign Income and Assets) and Imposition of Tax Act, 2015. The tax authorities have alleged that Ambani evaded INR 4.20 billion in taxes on INR 8.14 billion held in two Swiss Bank accounts. In the high court, Ambani had said sections 3(1), 50, 51, 59, and 72C of the 2015 Act are "ultra vires" the Constitution.  End

 

Reported by Surya Tripathi

Edited by Deepshikha Bhardwaj

 

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