Unverified Insight Portal Information Cannot Justify Reassessment Without a Verified Taxpayer-Specific Income-Escape Nexus or Demonstrated Application...
Assessing Officer jurisdiction after statutory transfer invalidates reassessment notices issued by transferor officers and nullifies resulting proceed...
Consequential appeal-effect orders must implement rectification deleting working-capital adjustments and reconsider the resulting arm's-length range c...
Discounted cash flow valuation protects share premium where projections are reasonable, while audited book expenses defeat unexplained-expenditure add...
Section 54 construction relief survives pre-transfer commencement when completion occurs within the statutory period, excluding ineligible spouse-owne...
Under the PMLA, a charge-sheet alleging offences under the IPC and Explosive Substances Act may establish the scheduled offence required for attachment arising from illegal granite quarrying. Properties may be attached as value equivalent to proceeds of crime where claimed lawful sources remain unsubstantiated; acquisition before the alleged criminal period does not bar equivalent-value attachment. A person who has sold the attached property lacks standing to challenge its attachment. Fair market value is determined at acquisition or possession, not by guideline or present market value, though an incorrect valuation may be immaterial where alleged proceeds are independently quantified. Recorded risk of alienation may support provisional attachment without prior communication of reasons.
Under the PMLA, a charge-sheet alleging offences under the IPC and Explosive Substances Act may establish the scheduled offence required for attachment arising from illegal granite quarrying. Properties may be attached as value equivalent to proceeds of crime where claimed lawful sources remain unsubstantiated; acquisition before the alleged criminal period does not bar equivalent-value attachment. A person who has sold the attached property lacks standing to challenge its attachment. Fair market value is determined at acquisition or possession, not by guideline or present market value, though an incorrect valuation may be immaterial where alleged proceeds are independently quantified. Recorded risk of alienation may support provisional attachment without prior communication of reasons.
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
TaxTMI 
of 4915 
