Limitation period commencement and procedural inquiry rules: identity-based limitation upheld; complaints by authorised public servants need not attra...
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...
A tribunal upheld provisional attachment in a money-laundering matter after finding that the appellant could not justify retention of amounts received in land transactions. The earlier agreement to sell was rejected because it was unsigned on all pages and could not override the later registered sale deed showing a lower consideration; the excess amount was treated as proceeds of crime. The tribunal also held that, after cancellation of a sale agreement, retained funds required to be refunded could be attached as property of equivalent value, even if the attached assets had been acquired before the crime. Confirmation of the attachment was therefore sustained.
A tribunal upheld provisional attachment in a money-laundering matter after finding that the appellant could not justify retention of amounts received in land transactions. The earlier agreement to sell was rejected because it was unsigned on all pages and could not override the later registered sale deed showing a lower consideration; the excess amount was treated as proceeds of crime. The tribunal also held that, after cancellation of a sale agreement, retained funds required to be refunded could be attached as property of equivalent value, even if the attached assets had been acquired before the crime. Confirmation of the attachment was therefore sustained.
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