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 HC upheld the provisional attachment order under PMLA despite properties being purchased in 2003 while predicate offences were registered via FIRs only in 2010. The Court found that the Appellant had engaged in continuing unlawful activities since 1997 as part of an organized criminal syndicate, generating approximately Rs. 1.5 crores through immoral trafficking of women. Investigation revealed the Appellant's declared income of Rs. 2,38,720 was insufficient to support investments of Rs. 1.88 lakhs in properties and other assets. The Court concluded that the timing of FIR registration was irrelevant given the Appellant's established criminal history and inability to provide satisfactory explanation for legal income sources. The Appellate Tribunal's determination that attached properties constituted proceeds of crime was upheld, and the appeal was dismissed.
The HC upheld the provisional attachment order under PMLA despite properties being purchased in 2003 while predicate offences were registered via FIRs only in 2010. The Court found that the Appellant had engaged in continuing unlawful activities since 1997 as part of an organized criminal syndicate, generating approximately Rs. 1.5 crores through immoral trafficking of women. Investigation revealed the Appellant's declared income of Rs. 2,38,720 was insufficient to support investments of Rs. 1.88 lakhs in properties and other assets. The Court concluded that the timing of FIR registration was irrelevant given the Appellant's established criminal history and inability to provide satisfactory explanation for legal income sources. The Appellate Tribunal's determination that attached properties constituted proceeds of crime was upheld, and the appeal was dismissed.
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
TaxTMI 
of 4828 
Join Channel 
