https://www.taxtmi.com/caselaws?id=751151 An interim arrangement allowing use of frozen accounts for salary and institutional expenses was continued and made absolute because the petitioner-organisations were operating numerous educational and health institutions with recurring financial needs. The Court balanced the ongoing investigation against the need to keep the institutions functioning, and imposed safeguards requiring complete statements of account, audit by a Chartered Accountant, and periodic disclosure to the Investigating Officer or Trial Court. It declined to examine contempt allegations and recorded no finding on the merits of the disputed withdrawals. en-us Fri, 05 Apr 2024 00:00:00 +0530 Tue, 09 Apr 2024 12:54:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=751151 An interim arrangement allowing use of frozen accounts for salary and institutional expenses was continued and made absolute because the petitioner-organisations were operating numerous educational and health institutions with recurring financial needs. The Court balanced the ongoing investigation against the need to keep the institutions functioning, and imposed safeguards requiring complete statements of account, audit by a Chartered Accountant, and periodic disclosure to the Investigating Officer or Trial Court. It declined to examine contempt allegations and recorded no finding on the merits of the disputed withdrawals. Case-Laws Indian Laws Fri, 05 Apr 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=751151