Charitable trust registration requires a specified-violation notice; settled cash deposits and related-party payments did not justify cancellation or ...
External development charges trigger TDS under section 194C, while disputed administrative payments require factual verification and fresh adjudicatio...
Section 270AA penalty immunity requires identified statutory defaults and a hearing before rejection; reassessment disclosure may constitute under-rep...
Section 80JJAA employee-cost deduction allowed for deployed staff but barred against transfer-pricing income enhancement, with pricing issues remanded...
Transfer-pricing methodology protects commercially genuine associated-enterprise payments, while pre-2016 secondary adjustments and related notional i...
Negative liens over operating assets can constitute international transactions requiring arm's-length pricing reflecting restricted borrowing and expa...
Cross-examination rights in Customs Broker revocation inquiries require witness examination; procedural denial may be cured through fresh adjudication...
When authorities of Enforcement Directorate (ED) have reasons to believe, based on material, that any person possesses proceeds of crime and is likely to conceal or create encumbrance to frustrate confiscation proceedings, ED would be justified in issuing provisional attachment order of such properties and seeking confirmation from Adjudicating Authority. Provisional attachment u/s 5(1) of PMLA is valid for 180 days. u/s 5(3), provisional attachment ceases after 180 days. When ED sought confirmation of provisional attachment before Adjudicating Authority and it was dropped, provisional attachment lapses due to limitation u/s 5(1). Consequently, there is no attachment over subject properties. Direction to ED to revoke and release attachment and seizure of movable and immovable properties of petitioners within two weeks - Petition allowed.
When authorities of Enforcement Directorate (ED) have reasons to believe, based on material, that any person possesses proceeds of crime and is likely to conceal or create encumbrance to frustrate confiscation proceedings, ED would be justified in issuing provisional attachment order of such properties and seeking confirmation from Adjudicating Authority. Provisional attachment u/s 5(1) of PMLA is valid for 180 days. u/s 5(3), provisional attachment ceases after 180 days. When ED sought confirmation of provisional attachment before Adjudicating Authority and it was dropped, provisional attachment lapses due to limitation u/s 5(1). Consequently, there is no attachment over subject properties. Direction to ED to revoke and release attachment and seizure of movable and immovable properties of petitioners within two weeks - Petition allowed.
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