Political contribution deductions require assessee-specific proof before cash-back allegations can justify disallowance or unexplained-money additions...
HC denied bail in money laundering case involving illegal mining. The court found no reasonable grounds to believe the accused's innocence, noting substantial evidence of the accused being a kingpin in generating proceeds of crime through unlawful mining activities. The applicant failed to satisfy mandatory conditions under Section 45 of PMLA, and medical grounds were also insufficient. The court emphasized the distinct nature of economic offenses, rejecting bail applications and highlighting potential risks of tampering with investigation if released.
HC denied bail in money laundering case involving illegal mining. The court found no reasonable grounds to believe the accused's innocence, noting substantial evidence of the accused being a kingpin in generating proceeds of crime through unlawful mining activities. The applicant failed to satisfy mandatory conditions under Section 45 of PMLA, and medical grounds were also insufficient. The court emphasized the distinct nature of economic offenses, rejecting bail applications and highlighting potential risks of tampering with investigation if released.
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