Allocation of registration charges: contractual clause overriding statutory presumption allowed as deduction against capital gain after unrebutted doc...
Expenditure tied to investments yielding exempt income restricted to attributable costs; broader disallowance disallowed and adjustments to WDV and mi...
Admissibility of Investigative Statements invalidated reliance on coerced emails and valuation redetermination, resulting in set aside of penalties an...
Classification of printed technical documents: specific Chapter 49.01 entry prevails, enabling claimed customs exemptions for imported manuals and rep...
Retention of seized cash and vehicles during pending PMLA proceedings was upheld where a prosecution complaint was already pending in the same ECIR, and Section 8(3)(a) was held not to require a fresh complaint for each later seizure. The Tribunal also held that retention is not limited to property of named accused persons, so the challenge based on one appellant not being named failed. It accepted continued retention to trace a larger suspected quantum of proceeds of crime, rejected the objection that a separate Section 20 order was necessary, and found prima facie reasons to believe on the material and an insufficient explanation of the asset source. The appeals were dismissed.
Retention of seized cash and vehicles during pending PMLA proceedings was upheld where a prosecution complaint was already pending in the same ECIR, and Section 8(3)(a) was held not to require a fresh complaint for each later seizure. The Tribunal also held that retention is not limited to property of named accused persons, so the challenge based on one appellant not being named failed. It accepted continued retention to trace a larger suspected quantum of proceeds of crime, rejected the objection that a separate Section 20 order was necessary, and found prima facie reasons to believe on the material and an insufficient explanation of the asset source. The appeals were dismissed.
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