Religious purpose exclusion versus charitable purpose: non overriding religious objects do not attract Explanation 3, registration directed under sect...
Search-assessment proviso jurisdiction, time-barred valuation reports, and denial of cross-examination vitiate valuation-based and confession-based ad...
Proceeds of crime: provisional attachment confirmed; equivalent value attachment and acquisition date fair market value upheld, Covid exclusion preser...
In PMLA provisional attachment matters, the HC followed its earlier Division Bench ruling on the same common Tribunal order and materially identical facts, holding that the attachment lacked a valid reason to believe and that the adjudication notice was issued mechanically without application of mind, defects going to jurisdiction. As no fresh material justified a different view, the HC applied judicial propriety, declined to interfere, and left undisturbed the Tribunal's direction to release the properties subject to an indemnity bond.
In PMLA provisional attachment matters, the HC followed its earlier Division Bench ruling on the same common Tribunal order and materially identical facts, holding that the attachment lacked a valid reason to believe and that the adjudication notice was issued mechanically without application of mind, defects going to jurisdiction. As no fresh material justified a different view, the HC applied judicial propriety, declined to interfere, and left undisturbed the Tribunal's direction to release the properties subject to an indemnity bond.
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