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...
Grant of Bail - The High Court of Jammu and Kashmir and Ladakh granted interim relief to the petitioner, challenging his arrest and remand under PMLA charges, on the grounds that the investigation of the predicate offence was stayed by another High Court. The court underscored the importance of adhering to procedural safeguards and guidelines for arrest under PMLA. While addressing the maintainability and jurisdictional aspects, it differentiated the cause of action for invoking its jurisdiction from that before the High Court of Punjab and Haryana, thereby dismissing the respondent's preliminary objection.
Grant of Bail - The High Court of Jammu and Kashmir and Ladakh granted interim relief to the petitioner, challenging his arrest and remand under PMLA charges, on the grounds that the investigation of the predicate offence was stayed by another High Court. The court underscored the importance of adhering to procedural safeguards and guidelines for arrest under PMLA. While addressing the maintainability and jurisdictional aspects, it differentiated the cause of action for invoking its jurisdiction from that before the High Court of Punjab and Haryana, thereby dismissing the respondent's preliminary objection.
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
TaxTMI 
