Political contribution deductions require genuine transactions; banking records and party registration alone cannot defeat evidence of accommodation e...
Post-death GST liability permits fresh proceedings against legal representatives, while discontinued-business recovery remains limited to the inherite...
Non-confirmation of FEMA seizure prevents adjudicators from overriding pending appellate findings on recorded reasons and suspected foreign asset hold...
The HC granted bail to the petitioner charged under money laundering provisions for allegedly collecting substantial sums from candidates seeking teaching and non-teaching positions under state government and extorting Rs. 2.4 crores from 1200 candidates for facilitating court proceedings. While the court acknowledged prima facie involvement based on incriminating material satisfying presumptions under sections 22 and 23 of the Prevention of Money Laundering Act 2002, it emphasized constitutional rights under Article 21. Citing Supreme Court precedent in Manish Sisodia regarding prolonged incarceration and right to speedy trial, the HC determined that extended detention without conviction constitutes punishment without trial. The bail application was allowed subject to stringent conditions to ensure attendance and prevent witness tampering.
The HC granted bail to the petitioner charged under money laundering provisions for allegedly collecting substantial sums from candidates seeking teaching and non-teaching positions under state government and extorting Rs. 2.4 crores from 1200 candidates for facilitating court proceedings. While the court acknowledged prima facie involvement based on incriminating material satisfying presumptions under sections 22 and 23 of the Prevention of Money Laundering Act 2002, it emphasized constitutional rights under Article 21. Citing Supreme Court precedent in Manish Sisodia regarding prolonged incarceration and right to speedy trial, the HC determined that extended detention without conviction constitutes punishment without trial. The bail application was allowed subject to stringent conditions to ensure attendance and prevent witness tampering.
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
TaxTMI 
