Pre-trial bail granted where custodial period, documentary prosecution, and magistrate-triable offence favor release subject to surety and no witness ...
Allowability of Salary Exemptions: Form 16 entries can substantiate HRA and other salary exemptions, and home loan interest is deductible for a self-o...
Capital gains exemption: payment for plot, architect fees and bona fide commencement of construction can satisfy utilisation requirement and secure re...
Provisional attachment under the Prevention of Money Laundering Act was confirmed where seized institutional records, mark sheet registers and corroborative documentary information established large scale issuance of forged degrees and diversion of funds as proceeds of crime; appellants served notice under section 8(1) failed to satisfactorily disclose legitimate sources for attached movable and immovable properties, so the attachment was sustained. The absence of recovery of individual forged degree certificates did not negate the seizure-based foundation for attachment. Documents filed in rejoinder amounted to new evidence and were inadmissible without formal application and Tribunal permission; appeals dismissed.
Provisional attachment under the Prevention of Money Laundering Act was confirmed where seized institutional records, mark sheet registers and corroborative documentary information established large scale issuance of forged degrees and diversion of funds as proceeds of crime; appellants served notice under section 8(1) failed to satisfactorily disclose legitimate sources for attached movable and immovable properties, so the attachment was sustained. The absence of recovery of individual forged degree certificates did not negate the seizure-based foundation for attachment. Documents filed in rejoinder amounted to new evidence and were inadmissible without formal application and Tribunal permission; appeals dismissed.
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