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...
Tribunal applied a three limb reading of the statutory definition of proceeds of crime, holding that where actual tainted property is not traceable, any other property of equivalent value may be provisionally attached as the "value of any such property", including property acquired prior to the scheduled offence; this preserves the statute's remedial aim and avoids rendering the second limb redundant. On the facts, transactional tracing and recorded statements supported that remittances to a corporate vehicle were used to acquire assets, so those receipts and assets qualified as proceeds of crime or their value. The Tribunal also confirmed that attachment may extend to persons not named in the predicate complaint when material shows involvement with proceeds.
Tribunal applied a three limb reading of the statutory definition of proceeds of crime, holding that where actual tainted property is not traceable, any other property of equivalent value may be provisionally attached as the "value of any such property", including property acquired prior to the scheduled offence; this preserves the statute's remedial aim and avoids rendering the second limb redundant. On the facts, transactional tracing and recorded statements supported that remittances to a corporate vehicle were used to acquire assets, so those receipts and assets qualified as proceeds of crime or their value. The Tribunal also confirmed that attachment may extend to persons not named in the predicate complaint when material shows involvement with proceeds.
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