Tariff classification of vehicle gear components follows the specific gearing entry, displacing motor-vehicle parts classification and related liabili...
Necessary-party requirements limit impleadment of independent entities, while deferred consideration does not create an appealable adverse determinati...
Food supplement classification requires common parlance and authoritative tests, preventing treatment as proprietary Ayurvedic medicines without suppo...
Specified regulatory authority income receives conditional tax exemption, subject to non-commercial activity, unchanged income character, and return f...
Tax exemption for regulatory authority income applies retrospectively, subject to non-commercial activity, unchanged income sources, and return-filing...
Under the PMLA, a provisional attachment cannot be confirmed by relying on a subsequent FIR absent from the recorded reasons to believe, attachment order, and original complaint. Such an FIR may create a separate basis for fresh attachment but cannot retrospectively validate an earlier attachment. Attachment of alleged proceeds of crime also cannot continue once the underlying scheduled offences are not established or no longer survive. Quashing of the foundational FIRs or filing of closure reports extinguishes the basis for PMLA proceedings and consequential attachment. On these grounds, the provisional attachment and its confirmation were set aside.
Under the PMLA, a provisional attachment cannot be confirmed by relying on a subsequent FIR absent from the recorded reasons to believe, attachment order, and original complaint. Such an FIR may create a separate basis for fresh attachment but cannot retrospectively validate an earlier attachment. Attachment of alleged proceeds of crime also cannot continue once the underlying scheduled offences are not established or no longer survive. Quashing of the foundational FIRs or filing of closure reports extinguishes the basis for PMLA proceedings and consequential attachment. On these grounds, the provisional attachment and its confirmation were set aside.
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
TaxTMI 
of 4828 
Join Channel 
