Specialized Investment Fund distribution now requires dedicated certification, while transitional recognition preserves existing qualified distributor...
Overlapping GST proceedings require Central and State authorities to designate one competent authority for coordinated adjudication of the same matter...
Composite healthcare supplies retain exemption when patient care is the contract's essential character, despite payment through an implementing agency...
Prosecution materials disclosed a prima facie case of money-laundering where Section 50 PMLA statements, seized diaries, cash recovery and related records indicated collection and distribution of tender commission through the petitioner's associates and personal secretary. The Court held that Section 50 statements are admissible and can form reliable material at the discharge stage, that money-laundering is an independent offence, and that the petitioner need not be named in the scheduled offence if the material shows involvement with proceeds of crime. It also rejected the plea of want of previous sanction, holding that the alleged acts were not part of official duty. The discharge refusal and charge framing were upheld.
Prosecution materials disclosed a prima facie case of money-laundering where Section 50 PMLA statements, seized diaries, cash recovery and related records indicated collection and distribution of tender commission through the petitioner's associates and personal secretary. The Court held that Section 50 statements are admissible and can form reliable material at the discharge stage, that money-laundering is an independent offence, and that the petitioner need not be named in the scheduled offence if the material shows involvement with proceeds of crime. It also rejected the plea of want of previous sanction, holding that the alleged acts were not part of official duty. The discharge refusal and charge framing were upheld.
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
TaxTMI 
of 4809 
Join Channel 
