Online bond platforms may offer overseas-regulated products and tax-specific bonds subject to disclosures, compliance safeguards and revised complianc...
Corporate guarantee valuation permits actual ascertainable commission while barring retroactive application and extended-period penalties for bona fid...
Proper-officer jurisdiction under UPGST penalty provisions upheld; participation on merits prevents bypassing the statutory appellate remedy through w...
Transitioned CENVAT credit may validly satisfy mandatory pre-deposit requirements for legacy service tax appeals through Electronic Credit Ledger debi...
Building-plan sanction charges require statutory authority; unauthorised fees and GST were quashed, while labour cess must follow prescribed collectio...
Pure-agent exclusion fails where hotel booking facilitators receive third-party services themselves, making entire customer consideration taxable as r...
At the attachment stage under PMLA, the Tribunal applied preponderance of probabilities and held that bank trail material, statements of the persons concerned, the cash book and RTGS/NEFT records were sufficient to show receipt of proceeds of crime by the appellant; minor discrepancies in the cash figures did not destroy the evidentiary value, and final culpability was left to the pending prosecution complaint. It also held that property acquired before the crime period remained liable to equivalent value attachment where direct proceeds were no longer available, since no bar flows from the definition of proceeds of crime. Attachment was treated as a protective measure, and the appeal was dismissed.
At the attachment stage under PMLA, the Tribunal applied preponderance of probabilities and held that bank trail material, statements of the persons concerned, the cash book and RTGS/NEFT records were sufficient to show receipt of proceeds of crime by the appellant; minor discrepancies in the cash figures did not destroy the evidentiary value, and final culpability was left to the pending prosecution complaint. It also held that property acquired before the crime period remained liable to equivalent value attachment where direct proceeds were no longer available, since no bar flows from the definition of proceeds of crime. Attachment was treated as a protective measure, and the appeal was dismissed.
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