PMLA anticipatory bail requires satisfaction of twin conditions, while predicate-offence protection does not extend to independent money-laundering pr...
School-affiliation charges remain taxable where not directly connected with examinations, while extended limitation requires proof of deliberate tax e...
Proposes inserting Section 55A in the Prohibition of Benami Property Transactions Act, 1988 to allow the Initiating Officer to tender immunity from penalty to benamidars or abettors, other than beneficial owners, for offenses u/s 53, subject to full disclosure of benami transaction details. The immunity can be withdrawn if conditions are not met or false evidence is provided. This aims to gather evidence against beneficial owners by incentivizing benamidars to cooperate, considering their often poor means. The amendment takes effect from October 1, 2024.
Proposes inserting Section 55A in the Prohibition of Benami Property Transactions Act, 1988 to allow the Initiating Officer to tender immunity from penalty to benamidars or abettors, other than beneficial owners, for offenses u/s 53, subject to full disclosure of benami transaction details. The immunity can be withdrawn if conditions are not met or false evidence is provided. This aims to gather evidence against beneficial owners by incentivizing benamidars to cooperate, considering their often poor means. The amendment takes effect from October 1, 2024.
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