Independent manufacturing undertaking eligibility preserves Section 80IA/80IB deductions, while machinery kept ready for use qualifies for depreciatio...
Assessing Officer Satisfaction Requirement Bars Penalty for Cash Receipt in Immovable-Property Sale Cases Where Initiation Lacks Recorded Satisfaction...
Self-assessed import entries remain appealable, while bona fide classification disputes without misdeclaration cannot justify confiscation or penaltie...
Page of 4894
Press 'Enter' after typing page number.
641 to 660 of 97867 Results
❮
❯
❯❯
0 / 200
Expand Note
Add to Folder
No Folders have been created
+
Are you sure you want to delete "My most important" ?
The AT dismissed the appeal, holding that attachment under the PMLA of property already subject to a pre-existing mortgage in favour of the appellant bank does not invalidate the attachment and that secured creditors retain priority interest but such priority does not preclude attachment by the respondent directorate; the appellant, a scheduled commercial bank not implicated in the scheduled offence, failed to establish merit for setting aside the attachment. The AT nonetheless recognized the appellant's alternative remedy and clarified that the appellant is entitled to pursue interlocutory or substantive relief under Section 8(7) or 8(8) before the Sp. Ct. during pendency of prosecution, and this order does not bar such recourse.
The AT dismissed the appeal, holding that attachment under the PMLA of property already subject to a pre-existing mortgage in favour of the appellant bank does not invalidate the attachment and that secured creditors retain priority interest but such priority does not preclude attachment by the respondent directorate; the appellant, a scheduled commercial bank not implicated in the scheduled offence, failed to establish merit for setting aside the attachment. The AT nonetheless recognized the appellant's alternative remedy and clarified that the appellant is entitled to pursue interlocutory or substantive relief under Section 8(7) or 8(8) before the Sp. Ct. during pendency of prosecution, and this order does not bar such recourse.
Note: It is a system-generated summary and is for quick reference only.