Inherited property sale proceeds require capital-gains treatment where ownership is supported by evidence, not suspicion or unverified signature doubt...
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Capital-goods exemption covers plant-modernisation accessories, while the import restriction applies only to earlier capital-goods components and spar...
Constitutional judicial review permits challenges to ECIRs and connected money-laundering proceedings where coercive action affects fundamental intere...
The Supreme Court of India examined the legality of the arrest of the petitioner under the Prevention of Money Laundering Act (PMLA) and the Unlawful Activities (Prevention) Act (UAPA). The Court found no significant difference between the provisions of Section 19 of the PMLA and Section 43B of the UAPA regarding the communication of grounds for arrest. Both provisions stem from the constitutional safeguard under Article 22(1) of the Indian Constitution. The Court emphasized the fundamental right of an arrested person to be informed in writing of the grounds for arrest promptly. Failure to provide written grounds of arrest before remand vitiates the arrest and subsequent proceedings. The Court held that the arrest and remand orders were invalid, quashed them, and directed the release of the appellant. The judgment sets a binding precedent for all courts in the country.
The Supreme Court of India examined the legality of the arrest of the petitioner under the Prevention of Money Laundering Act (PMLA) and the Unlawful Activities (Prevention) Act (UAPA). The Court found no significant difference between the provisions of Section 19 of the PMLA and Section 43B of the UAPA regarding the communication of grounds for arrest. Both provisions stem from the constitutional safeguard under Article 22(1) of the Indian Constitution. The Court emphasized the fundamental right of an arrested person to be informed in writing of the grounds for arrest promptly. Failure to provide written grounds of arrest before remand vitiates the arrest and subsequent proceedings. The Court held that the arrest and remand orders were invalid, quashed them, and directed the release of the appellant. The judgment sets a binding precedent for all courts in the country.
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