Governmental authority status supports construction-service exemption, while pre-cutoff contract and stamp-duty compliance requires verification on re...
Automated Free Sale and Commerce Certificates enable paperless processing while retaining risk-based manual verification for selected exporter applica...
Employee stock-shortage penalties do not constitute consideration for services, preventing GST collection under Schedule II in employment relationship...
AT upheld seizure and freezing order against gaming company for alleged money laundering through unauthorized digital transactions. The company collected approximately Rs.2850 crore, transmitting Rs.2320 crore outside India, without transparent disclosure of fund sources. ED's reasons to believe under Section 20(1) were legally recorded, and the Adjudicating Authority found substantial evidence of potential financial irregularities. The order of seizure and property retention was justified based on ongoing investigations, API integration with game platforms, and suspicious financial movements. The appeal was dismissed, with final determination of criminal culpability reserved for the Trial Court, maintaining the provisional seizure order's validity pending full judicial review.
AT upheld seizure and freezing order against gaming company for alleged money laundering through unauthorized digital transactions. The company collected approximately Rs.2850 crore, transmitting Rs.2320 crore outside India, without transparent disclosure of fund sources. ED's reasons to believe under Section 20(1) were legally recorded, and the Adjudicating Authority found substantial evidence of potential financial irregularities. The order of seizure and property retention was justified based on ongoing investigations, API integration with game platforms, and suspicious financial movements. The appeal was dismissed, with final determination of criminal culpability reserved for the Trial Court, maintaining the provisional seizure order's validity pending full judicial review.
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
TaxTMI 
of 4828 
Join Channel 
