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HomeNewsAshneer Grover files petition against tax notice issued under Black Money Act

Ashneer Grover files petition against tax notice issued under Black Money Act

New Delhi: Ashneer Grover, former managing of BharatPe, has filed a writ petition in the Delhi High Court challenging a income tax notice issued to him under Section 8 of the Black Money Act. The income tax notice is dated 29 May 2023.

Grover has sought cancellation of the notice and “stay of the assessment proceedings” under the Black Money (Undisclosed Foreign Income and Assets) and Imposition of Tax Act, 2015.

The plea has been filed against the Ministry of Home Affairs, Ministry of Finance and Deputy Director of Income Tax.

The case is expected to be heard today. 

“The petitioner (Ashneer Grover) is aggrieved by the arbitrary and mechanical way the notice under Section 8 of the Black Money (Undisclosed Foreign Income and Assets) Act, 2015 dated 29.05.2023 (hereinafter called “impugned notice”) has been issued by the Respondent No. 3 (Deputy Director of Income Tax ) under the aegis of Respondent No. 2 (Ministry of Finance). The impugned notice suffers from unparalleled perversity and is a complete travesty of justice and the petitioner has prayed for quashing of the impugned notice and in the interim stay on the proceedings under the Black Money Act, 2015,” according to the petition filed.

“Despite adherence to all the notices and due cooperation with the Income Tax Department, the Respondent No. 3, has written a letter dated 13.06.2023 to the Deputy Commissioner of Income Tax (Circle 67(1), Delhi) informing the latter that a penalty must be imposed on the Petitioner under Section 43 of the Black Money Act, 2015, for failure of disclosure of foreign assets,” the petition added.

Grover had recently said that his wife Madhuri Jain Grover was among the highest female taxpayers in the country, and that in this financial year, she paid an amount of 2.84 crore in advance tax.


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Updated: 01 Aug 2023, 12:12 PM IST

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