Revenue neutrality in domestic related-party loans can require deletion of interest transfer pricing adjustments after domestic-transaction verificati...
AT upheld provisional attachment order u/s PMLA, 2002 due to illegal foreign remittances made through fake import documents. Prosecution complaints pending, incriminating evidence against appellants. Burden of proof not discharged u/s 24. Provisional attachment aims to prevent concealment or transfer of proceeds of crime. SC in Vijay Madanlal Choudhary case emphasized balancing interests and preserving crime proceeds. "Attachment" u/s 2(1)(d) prohibits property transfer but allows use. No grounds to interfere, appeal dismissed.
AT upheld provisional attachment order u/s PMLA, 2002 due to illegal foreign remittances made through fake import documents. Prosecution complaints pending, incriminating evidence against appellants. Burden of proof not discharged u/s 24. Provisional attachment aims to prevent concealment or transfer of proceeds of crime. SC in Vijay Madanlal Choudhary case emphasized balancing interests and preserving crime proceeds. "Attachment" u/s 2(1)(d) prohibits property transfer but allows use. No grounds to interfere, appeal dismissed.
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