Electronic WhatsApp evidence without authentication or independent corroboration cannot sustain an unexplained-investment addition based on third-part...
Mutual current-account transactions excluded from deemed dividend treatment where no fresh borrowing arose; unsupported unsecured-loan addition also f...
At the discharge stage under PMLA, the court must only see whether prosecution material, taken at face value, discloses the ingredients of money-laundering; it cannot conduct a mini-trial or weigh defence documents. Revisional interference with refusal of discharge is confined to patent illegality, jurisdictional error, or a legal bar to the proceedings. On the materials described, the assets, bank routing, deposits, insurance policies and investments were treated as sufficient to prima facie indicate acquisition, possession, layering and projection of proceeds of crime, and the accused's explanation was left for trial.
At the discharge stage under PMLA, the court must only see whether prosecution material, taken at face value, discloses the ingredients of money-laundering; it cannot conduct a mini-trial or weigh defence documents. Revisional interference with refusal of discharge is confined to patent illegality, jurisdictional error, or a legal bar to the proceedings. On the materials described, the assets, bank routing, deposits, insurance policies and investments were treated as sufficient to prima facie indicate acquisition, possession, layering and projection of proceeds of crime, and the accused's explanation was left for trial.
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