Form 26AS evidence requires successor-entity accounting verification after business transfer, while invoice-supported related-party advertising expend...
Money-laundering judgment timing requires awaiting the scheduled-offence decision despite continuation of the underlying trial where outcomes directly...
Accredited investor eligibility expands through securities-market exposure, while alternative investment fund disputes require prescribed resolution a...
AT held that provisional attachment under PMLA is valid despite multiple challenges. The property can be attached even though the appellant was not charged with predicate offences, and the purchase occurred after the alleged crime period. The tribunal rejected the appellant's claim of funds originating from her daughter, finding insufficient documentary evidence to prove legitimate source. The attachment was upheld based on the continuing nature of money laundering offences, emphasizing that proceeds of crime can be seized when discovered, irrespective of the original transaction timeline. Appeal dismissed in favor of ED.
AT held that provisional attachment under PMLA is valid despite multiple challenges. The property can be attached even though the appellant was not charged with predicate offences, and the purchase occurred after the alleged crime period. The tribunal rejected the appellant's claim of funds originating from her daughter, finding insufficient documentary evidence to prove legitimate source. The attachment was upheld based on the continuing nature of money laundering offences, emphasizing that proceeds of crime can be seized when discovered, irrespective of the original transaction timeline. Appeal dismissed in favor of ED.
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
TaxTMI 
of 4915 
