28-February-2026
Taxation
 
Delhi High Court stays Black Money Act action on 'involuntary residents' in Rajiv Saxena Case
27-Feb-2026

Here comes a hitch for the taxman. Deported fugitives, truant bottowers slapped with lookout notices, extradited accused or even approvers singing like a canary before law enforcement agencies the long cast of characters who are unable to fly out of the country-cannot be readily forced to disclose their foreign bank accounts, companies, and properties. This stems from a Delhi High Court order that has stayed the tax office's demand that Rajiv Saxena, the Dubaibased businessman who was extradited to India in January 2019 in connection Forced Stay? No BMA, says Court I-T Dept can't blindly impose law on involuntary residents' in India to get foreign asset info with the AgustaWestland case, must share the details of his foreign assets.

News Source:- https://economictimes.indiatimes.com/nri/invest/delhi-high-court-stays-black-money-act-action-on-involuntary-residents-in-rajiv-saxena-case/articleshow/128824734.cms