Blocked input tax credit for resort construction remains unavailable; interest follows actual utilisation, while delayed payment attracts statutory pe...
Duplicate PAN allocation requires record verification and deactivation reasons before assessment-related transactions can be attributed to an assessee...
Faceless assessment safeguards require requested personal hearings and adequate final show-cause response time, failing which reassessment is required...
The High Court affirmed the independence of proceedings under the PMLA, clarifying that while the outcome of the scheduled offense may have some bearing on the PMLA case, the prosecution must independently prove the allegations under the PMLA. - The Court criticized the complainant for presuming that the scheduled offense automatically generated proceeds of crime, emphasizing the need for independent proof. It noted deficiencies in the evidence presented by the prosecution, particularly regarding the source of the alleged proceeds of crime. - Ultimately, the High Court concluded that the appeal lacked merit and upheld the trial court's decision to dismiss the complaint. It emphasized that an acquittal should not be disturbed unless there are serious legal infirmities or factual errors, which were not present in this case.
The High Court affirmed the independence of proceedings under the PMLA, clarifying that while the outcome of the scheduled offense may have some bearing on the PMLA case, the prosecution must independently prove the allegations under the PMLA. - The Court criticized the complainant for presuming that the scheduled offense automatically generated proceeds of crime, emphasizing the need for independent proof. It noted deficiencies in the evidence presented by the prosecution, particularly regarding the source of the alleged proceeds of crime. - Ultimately, the High Court concluded that the appeal lacked merit and upheld the trial court's decision to dismiss the complaint. It emphasized that an acquittal should not be disturbed unless there are serious legal infirmities or factual errors, which were not present in this case.
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