Tag Archives: income tax

[Case Brief] Shankarlal Agarwalla vs State Bank of India & Another- Calcutta High Court

Brief facts and Procedural history- On January 16, 1978, a High Denomination Bank Notes (Demonetisation) Ordinance, 1978 was published in the Gazette which subsequently became the Act in 1978. Under this Act all the high denomination notes i.e. 1000, 5000,10000 Rupees notes will no longer be a legal tender. Persons can exchange their tender on […]