Minimum alternate tax exclusions for pre-amendment banking companies and expatriate Indian branch salaries remain outside head office expenditure limi...
Bona fide disclosure requirements govern under-reporting penalties, and post-penalty immunity applications cannot secure available statutory protectio...
Certificate-of-origin verification procedure governs preferential customs benefits; denial without retroactive verification was set aside with consequ...
Disciplinary Committee jurisdiction and mandatory investigation requirements invalidated cancellation of an insolvency professional's registration and...
Page of 4819
Press 'Enter' after typing page number.
1481 to 1500 of 96363 Results
❮
❯
❯❯
0 / 200
Expand Note
Add to Folder
No Folders have been created
+
Are you sure you want to delete "My most important" ?
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.
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
TaxTMI 
of 4819 
Join Channel 
