( ISSN 2277 - 9809 (online) ISSN 2348 - 9359 (Print) ) New DOI : 10.32804/IRJMSH

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LEGAL ASPECTS ON BLACK MONEY

    1 Author(s):  DR. SUNIL KUMAR MEENA

Vol -  13, Issue- 1 ,         Page(s) : 128 - 130  (2022 ) DOI : https://doi.org/10.32804/IRJMSH

Abstract

Every day in newspaper or on television we are hearing about black money that million and billion Indian money is deposited in foreign banks which are situated at different countries. We are only read about it or listen about it and mumbling that government is so helpless and useless that they cannot do anything to bring back these rupees in our country or can take effective and strong step to stop this problem which takes the form of giant, a modern and new type of giant who is ready to destroy everything. few days back we heard about scams like Chara scam, Hawala scam, Common Wealth scam, and Bofors scam etc.

Swati Deshpande, Legal challenge to govt's demonetization decision can't be sustained, say experts, Nov 11 2016 : The Times of India (Mumbai),
Income tax Act, 1961
The Specified Bank Notes (Cessation of Liabilities) Act, 2017
The Indian coinage Act, 1906

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