Packing-material input credits support inverted-duty refunds for packaged tea, while rate-reduction and concessional-supply circulars remain inapplica...
Government road-restoration services for commercial pipeline work attract reverse-charge GST, while portal-issued proceedings remain valid without a p...
Compromise-based quashing of a predicate FIR does not by itself eliminate proceeds of crime for money-laundering proceedings; the relevant inquiry concerns the underlying crime that generated those proceeds. Bail granted after treating the compromise quashing as conclusive was set aside. Serious allegations, an undetermined extent of alleged money laundering, and an incomplete investigation attracted the statutory rigour governing bail under the Prevention of Money Laundering Act. Bail for the other accused was refused, while both accused may seek regular bail after completion of the investigation.
Compromise-based quashing of a predicate FIR does not by itself eliminate proceeds of crime for money-laundering proceedings; the relevant inquiry concerns the underlying crime that generated those proceeds. Bail granted after treating the compromise quashing as conclusive was set aside. Serious allegations, an undetermined extent of alleged money laundering, and an incomplete investigation attracted the statutory rigour governing bail under the Prevention of Money Laundering Act. Bail for the other accused was refused, while both accused may seek regular bail after completion of the investigation.
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
TaxTMI 
of 4913 
