Political contribution deductions require genuine transactions; banking records and party registration alone cannot defeat evidence of accommodation e...
Post-death GST liability permits fresh proceedings against legal representatives, while discontinued-business recovery remains limited to the inherite...
Non-confirmation of FEMA seizure prevents adjudicators from overriding pending appellate findings on recorded reasons and suspected foreign asset hold...
Composition of Adjudicating Authority under PMLA and its Jurisdiction - Whether the quasi judicial bodies should consist of members having requisite qualification in the field of law and should be appointed instead of members having no experience in the field of law? - The Telangana High Court set aside the learned Single Judge's order, holding that the PMLA does not mandate the Adjudicating Authority to include a member with legal experience. The PMLA provisions allow for the Authority to perform its designated functions without this requirement, supported by the appellate mechanism that ensures judicial review and adherence to legal standards.
Composition of Adjudicating Authority under PMLA and its Jurisdiction - Whether the quasi judicial bodies should consist of members having requisite qualification in the field of law and should be appointed instead of members having no experience in the field of law? - The Telangana High Court set aside the learned Single Judge's order, holding that the PMLA does not mandate the Adjudicating Authority to include a member with legal experience. The PMLA provisions allow for the Authority to perform its designated functions without this requirement, supported by the appellate mechanism that ensures judicial review and adherence to legal standards.
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
TaxTMI 
