https://www.taxtmi.com/news?id=33826 A special PMLA court denied anticipatory bail to partners accused of receiving proceeds from unauthorised streaming, finding that handling proceeds after their generation constitutes an offence under the PMLA. The ED alleges illicit funds flowed into the firm's frozen bank account and forensic analysis shows onward transfers to specific accounts suggesting structured laundering. The court noted the accused did not disclose where funds were transferred and that custodial interrogation is required to identify end users, leading to rejection of the bail plea to protect the ongoing investigation. en-us Wed, 12 Feb 2025 20:16:04 +0530 Wed, 12 Feb 2025 20:16:04 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=33826 A special PMLA court denied anticipatory bail to partners accused of receiving proceeds from unauthorised streaming, finding that handling proceeds after their generation constitutes an offence under the PMLA. The ED alleges illicit funds flowed into the firm's frozen bank account and forensic analysis shows onward transfers to specific accounts suggesting structured laundering. The court noted the accused did not disclose where funds were transferred and that custodial interrogation is required to identify end users, leading to rejection of the bail plea to protect the ongoing investigation. News - Wed, 12 Feb 2025 20:16:04 +0530 https://www.taxtmi.com/news?id=33826