Fair-rent assessment requires consideration of lease terms, valuation principles and prevailing market rent; the certificate was quashed for fresh rev...
Document Identification Number compliance is satisfied when electronically communicated orders are promptly authenticated through a correctly identifi...
Industrial shrimp-feed machinery classification follows its commercial function, placing integrated production plants under the specific industrial fo...
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.
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
of 4807
Join Channel
TaxTMI 
