https://www.taxtmi.com/highlights?id=81369 Breach of bank secrecy led to collection of financial information from accounts used for money laundering by a transnational criminal organization. Proceedings under PMLA initiated, with an appeal against Section 8(1) order lying to the Appellate Tribunal within 45 days. Chapter IX deals with reciprocal arrangements with contracting states. Corruption negatively impacts investment motivation, diverts funds for economic and social upliftment, and results in tax revenue losses, hindering economic growth. All grounds raised by the petitioner failed, leading to dismissal of the petition. en-us Mon, 16 Sep 2024 07:59:08 +0530 Mon, 16 Sep 2024 07:59:08 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=81369 Breach of bank secrecy led to collection of financial information from accounts used for money laundering by a transnational criminal organization. Proceedings under PMLA initiated, with an appeal against Section 8(1) order lying to the Appellate Tribunal within 45 days. Chapter IX deals with reciprocal arrangements with contracting states. Corruption negatively impacts investment motivation, diverts funds for economic and social upliftment, and results in tax revenue losses, hindering economic growth. All grounds raised by the petitioner failed, leading to dismissal of the petition. Highlights Money Laundering Mon, 16 Sep 2024 07:59:08 +0530 https://www.taxtmi.com/highlights?id=81369