Thursday, October 4, 2018

Mortgaged properties were not proceeds of crime; provisional attachment order was to be set aside

PMLA : Where properties in question had been mortgaged with appellant bank much prior to date of alleged offence which showed that no 'proceeds of crime' were involved in acquiring of those properties and, hence, same could not be attached

from www.taxmann.com Latest Case Laws https://ift.tt/2P4DhBc
-
Labels:

No comments:

Post a Comment

Subscribe to: Post Comments (Atom)

AO can’t disallow cost of improvement merely relying on enquiries made with assessee’s neighbour: ITAT

INCOME TAX : Where assessee had purchased a flat and incurred expenditure of Rs. 23 lakhs for purpose of renovating house and Assessing Offi...