Governmental authority status supports construction-service exemption, while pre-cutoff contract and stamp-duty compliance requires verification on re...
Automated Free Sale and Commerce Certificates enable paperless processing while retaining risk-based manual verification for selected exporter applica...
Employee stock-shortage penalties do not constitute consideration for services, preventing GST collection under Schedule II in employment relationship...
The HC dismissed the petitioner's application for bail under Section 439 CrPC in a PMLA prosecution, finding that the petitioner failed to rebut the prima facie case and did not satisfy the statutory twin conditions of Section 45 PMLA; Section 24's presumption that proceeds of crime are involved remained unrebutted. The court observed investigative material-including bank analyses, audit reports, statements under Section 50 PMLA and seizure under Section 17-prima facie established conspiracy and offences under Sections 3 and 4 PMLA. Judicial custody and delay were held insufficient to outweigh the gravity and complexity of the alleged money-laundering offence; the bail plea was dismissed.
The HC dismissed the petitioner's application for bail under Section 439 CrPC in a PMLA prosecution, finding that the petitioner failed to rebut the prima facie case and did not satisfy the statutory twin conditions of Section 45 PMLA; Section 24's presumption that proceeds of crime are involved remained unrebutted. The court observed investigative material-including bank analyses, audit reports, statements under Section 50 PMLA and seizure under Section 17-prima facie established conspiracy and offences under Sections 3 and 4 PMLA. Judicial custody and delay were held insufficient to outweigh the gravity and complexity of the alleged money-laundering offence; the bail plea was dismissed.
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
TaxTMI 
of 4828 
Join Channel 
