Political contribution deductions require genuine transactions; banking records and party registration alone cannot defeat evidence of accommodation e...
Post-death GST liability permits fresh proceedings against legal representatives, while discontinued-business recovery remains limited to the inherite...
Non-confirmation of FEMA seizure prevents adjudicators from overriding pending appellate findings on recorded reasons and suspected foreign asset hold...
A Tribunal upheld confirmation of provisional attachment under proceeds-of-crime law after finding a direct nexus between the properties and criminal activity. It held that the FIR was not exhaustive of the entire crime period and that investigation could validly establish a wider period from 2010 to 2020, rejecting the objection based on the narrower period initially stated in the FIR. The Tribunal also accepted statements showing that funds were provided by the mother for purchase of land and construction of flats, found no proof of an independent source, and treated unexplained cash deposits as further support for the attachment. The challenge to the source of acquisition therefore failed.
A Tribunal upheld confirmation of provisional attachment under proceeds-of-crime law after finding a direct nexus between the properties and criminal activity. It held that the FIR was not exhaustive of the entire crime period and that investigation could validly establish a wider period from 2010 to 2020, rejecting the objection based on the narrower period initially stated in the FIR. The Tribunal also accepted statements showing that funds were provided by the mother for purchase of land and construction of flats, found no proof of an independent source, and treated unexplained cash deposits as further support for the attachment. The challenge to the source of acquisition therefore failed.
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TaxTMI 
TaxTMI 
