Tax determination against deceased proprietor invalid where no notice to legal representative; appeal rejected without addressing jurisdictional defec...
Revocation of GST registration and permission to file blocked returns; conditional defreezing of bank accounts after security and instalment applicati...
Right to access seized electronic evidence: impugned adjudication treated as additional show cause notice, remand for fresh hearing and return of mate...
Revisability of return invalidation communications under tax procedure affirmed, impugned non revisional finding quashed and matter remitted for fresh...
Provisional attachment under the Prevention of Money Laundering...
Provisional attachment under Prevention of Money Laundering Act requires exhaustion of statutory remedies; impugned order set aside, appeal to tribunal.
Contents
Summary
Note
Bookmark
Share
✓ Copied successfully !
Print
Print Options
For full text, please login
Login to TaxTMI
Verification Pending
The Email Id has not been verified. Click on the link we have sent on
Provisional attachment under the Prevention of Money Laundering Act rests on a prima facie "reasons to believe" standard, and courts must exercise judicial restraint where a complete statutory adjudicatory hierarchy exists. The High Court affirmed that petitioners should exhaust statutory remedies - provisional attachment, confirmation by the Adjudicating Authority and appeal to the tribunal - before seeking writ relief; recognized exceptions were absent. Reliance on binding precedents reinforced that interim preservation measures need only prima facie satisfaction and merit statutory determination. The impugned order dated June 28, 2022 was set aside and the parties directed to pursue appellate tribunal proceedings expeditiously.
Provisional attachment under the Prevention of Money Laundering Act rests on a prima facie "reasons to believe" standard, and courts must exercise judicial restraint where a complete statutory adjudicatory hierarchy exists. The High Court affirmed that petitioners should exhaust statutory remedies - provisional attachment, confirmation by the Adjudicating Authority and appeal to the tribunal - before seeking writ relief; recognized exceptions were absent. Reliance on binding precedents reinforced that interim preservation measures need only prima facie satisfaction and merit statutory determination. The impugned order dated June 28, 2022 was set aside and the parties directed to pursue appellate tribunal proceedings expeditiously.
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
TaxTMI 
of 4809 
Join Channel 
