Political contribution deductions require assessee-specific proof before cash-back allegations can justify disallowance or unexplained-money additions...
The HC dismissed the applicant's bail plea under the rigours of Section 45 of the PMLA and Section 483 of the BNS, 2023, holding custodial detention necessary. The applicant, a senior public official, is charged with laundering proceeds exceeding Rs.100 crores arising from a large-scale illicit liquor syndicate; prima facie material attributes active orchestration rather than passive involvement. The court found statutory twin conditions unmet and applied the triple-test for economic offences, emphasizing preservation of evidence, tracing residual proceeds, preventing witness interference, and protecting public interest and constitutional morality. Differential treatment of co-accused was deemed inapposite on facts. Bail application rejected.
The HC dismissed the applicant's bail plea under the rigours of Section 45 of the PMLA and Section 483 of the BNS, 2023, holding custodial detention necessary. The applicant, a senior public official, is charged with laundering proceeds exceeding Rs.100 crores arising from a large-scale illicit liquor syndicate; prima facie material attributes active orchestration rather than passive involvement. The court found statutory twin conditions unmet and applied the triple-test for economic offences, emphasizing preservation of evidence, tracing residual proceeds, preventing witness interference, and protecting public interest and constitutional morality. Differential treatment of co-accused was deemed inapposite on facts. Bail application rejected.
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