Allocation of registration charges: contractual clause overriding statutory presumption allowed as deduction against capital gain after unrebutted doc...
Expenditure tied to investments yielding exempt income restricted to attributable costs; broader disallowance disallowed and adjustments to WDV and mi...
Admissibility of Investigative Statements invalidated reliance on coerced emails and valuation redetermination, resulting in set aside of penalties an...
Classification of printed technical documents: specific Chapter 49.01 entry prevails, enabling claimed customs exemptions for imported manuals and rep...
Provisional attachment under the PMLA may extend to movable and immovable assets traced to diverted Government funds when investigation links the money to scheduled offences and subsequent acquisition of property. The text explains that proceeds of crime include assets acquired from tainted funds, and that money-laundering is a continuing offence covering the holding, transfer or use of such proceeds even where the original diversion began earlier. It also states that attachment can apply to persons not arraigned in the predicate offence if they possess or deal with tainted property, and that proceedings may continue through legal representatives after the death of the property owner. Covid-19 limitation exclusions were treated as applicable to the confirmation period.
Provisional attachment under the PMLA may extend to movable and immovable assets traced to diverted Government funds when investigation links the money to scheduled offences and subsequent acquisition of property. The text explains that proceeds of crime include assets acquired from tainted funds, and that money-laundering is a continuing offence covering the holding, transfer or use of such proceeds even where the original diversion began earlier. It also states that attachment can apply to persons not arraigned in the predicate offence if they possess or deal with tainted property, and that proceedings may continue through legal representatives after the death of the property owner. Covid-19 limitation exclusions were treated as applicable to the confirmation period.
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
of 4805
Join Channel
TaxTMI 
