Composite residential flat exemption upheld where supplementary agreement merged adjoining units and additional evidence supported the taxpayer's inve...
Urgent interim relief exception permits commercial suit without pre-institution mediation where immediate disclosure and asset protection are genuinel...
Provisional attachment of fixed deposits was sustained as value of proceeds of crime where the Tribunal found an established fraud in the predicate case and a substantial nexus between the appellant and the accused company through common directorship and shareholding, including the accused company's 49.90% stake. It held that, given the magnitude of the fraud and the absence of available assets of the accused company and its Director, the appellant's deposits could be attached even without direct evidence of transfer of tainted funds from the accused company. The Tribunal rejected release of the deposits on the ground that they came from the appellant's own bank account, and the appeal was dismissed.
Provisional attachment of fixed deposits was sustained as value of proceeds of crime where the Tribunal found an established fraud in the predicate case and a substantial nexus between the appellant and the accused company through common directorship and shareholding, including the accused company's 49.90% stake. It held that, given the magnitude of the fraud and the absence of available assets of the accused company and its Director, the appellant's deposits could be attached even without direct evidence of transfer of tainted funds from the accused company. The Tribunal rejected release of the deposits on the ground that they came from the appellant's own bank account, and the appeal was dismissed.
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