Customs exemptions cover photovoltaic assembly machinery and PVF backsheets, while fully declared cleared imports may avoid confiscation and penalties...
Specific tariff classification for LCD devices overrides treatment as electricity-meter parts, defeating differential duty, extended limitation, and p...
Stayed disciplinary punishment does not establish unfitness for insolvency professional registration; reconsideration must disregard mere pendency of ...
Indirect corporate control can create related-party status, excluding financial creditors from Committee of Creditors representation, participation an...
Scientific research association approval requires continuing SIRO status, annual donation reporting, and donor certificates for the approved foundatio...
Scientific research institution approval is conditional on SIRO recognition, annual donation reporting, donor certification, and prescribed compliance...
Under the PMLA, a charge-sheet alleging offences under the IPC and Explosive Substances Act may establish the scheduled offence required for attachment arising from illegal granite quarrying. Properties may be attached as value equivalent to proceeds of crime where claimed lawful sources remain unsubstantiated; acquisition before the alleged criminal period does not bar equivalent-value attachment. A person who has sold the attached property lacks standing to challenge its attachment. Fair market value is determined at acquisition or possession, not by guideline or present market value, though an incorrect valuation may be immaterial where alleged proceeds are independently quantified. Recorded risk of alienation may support provisional attachment without prior communication of reasons.
Under the PMLA, a charge-sheet alleging offences under the IPC and Explosive Substances Act may establish the scheduled offence required for attachment arising from illegal granite quarrying. Properties may be attached as value equivalent to proceeds of crime where claimed lawful sources remain unsubstantiated; acquisition before the alleged criminal period does not bar equivalent-value attachment. A person who has sold the attached property lacks standing to challenge its attachment. Fair market value is determined at acquisition or possession, not by guideline or present market value, though an incorrect valuation may be immaterial where alleged proceeds are independently quantified. Recorded risk of alienation may support provisional attachment without prior communication of reasons.
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
TaxTMI 
of 4894 
