https://www.taxtmi.com/highlights?id=77952 The Delhi High Court dismissed a Public Interest Litigation alleging money laundering and tax evasion through undervalued share transfer. The Petitioner sought investigation into share sale valuation, but as the IT Department had examined it during Respondent No. 7's block assessment without adverse findings, no further directions were deemed necessary. The Court noted a previous petition by the same Petitioner against a common Respondent was dismissed as motivated, leading to the opinion that entertaining the present PIL did not serve the cause of justice or PIL objectives. The petition was dismissed. en-us Thu, 30 May 2024 07:56:44 +0530 Thu, 30 May 2024 07:56:44 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=77952 The Delhi High Court dismissed a Public Interest Litigation alleging money laundering and tax evasion through undervalued share transfer. The Petitioner sought investigation into share sale valuation, but as the IT Department had examined it during Respondent No. 7's block assessment without adverse findings, no further directions were deemed necessary. The Court noted a previous petition by the same Petitioner against a common Respondent was dismissed as motivated, leading to the opinion that entertaining the present PIL did not serve the cause of justice or PIL objectives. The petition was dismissed. Highlights Money Laundering Thu, 30 May 2024 07:56:44 +0530 https://www.taxtmi.com/highlights?id=77952