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...
The HC held that initiating proceedings against the petitioner alleging violation of Section 6(3)(b) of FEMA Act in 2021 was without jurisdiction. Section 6(3)(b) stood omitted by the Finance Act, 2015, notified on 15.10.2019. The complaint against the petitioner was filed on 25.10.2019 and show cause notice issued on 25.02.2020, after the omission took effect. Section 6 of the General Clauses Act regarding repeals was not applicable as the present case involved omission. The HC allowed the writ petition.
The HC held that initiating proceedings against the petitioner alleging violation of Section 6(3)(b) of FEMA Act in 2021 was without jurisdiction. Section 6(3)(b) stood omitted by the Finance Act, 2015, notified on 15.10.2019. The complaint against the petitioner was filed on 25.10.2019 and show cause notice issued on 25.02.2020, after the omission took effect. Section 6 of the General Clauses Act regarding repeals was not applicable as the present case involved omission. The HC allowed the writ petition.
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
TaxTMI 
of 4827 
Join Channel 
