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...
The AT dismissed the appeal challenging provisional attachment orders under PMLA. The tribunal held that attachment remains valid despite absence of prosecution complaint at confirmation time. Regarding the 90-day filing requirement, the AT determined the statutory timeline commenced from the amendment's effective date (19.04.2018) rather than the original order date (12.03.2018). Since the prosecution complaint was filed within this period, attachment did not lapse. The tribunal further ruled that properties can be attached from persons not accused in predicate offences, citing Supreme Court precedent in Vijay Madanlal Choudhary establishing that PMLA permits attachment of proceeds of crime regardless of whose possession they are in, supporting the legislation's objective to combat money laundering.
The AT dismissed the appeal challenging provisional attachment orders under PMLA. The tribunal held that attachment remains valid despite absence of prosecution complaint at confirmation time. Regarding the 90-day filing requirement, the AT determined the statutory timeline commenced from the amendment's effective date (19.04.2018) rather than the original order date (12.03.2018). Since the prosecution complaint was filed within this period, attachment did not lapse. The tribunal further ruled that properties can be attached from persons not accused in predicate offences, citing Supreme Court precedent in Vijay Madanlal Choudhary establishing that PMLA permits attachment of proceeds of crime regardless of whose possession they are in, supporting the legislation's objective to combat money laundering.
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
TaxTMI 
of 4828 
Join Channel 
