Tuesday, February 18, 2020

Properties mortgaged with bank prior to alleged offense under PMLA couldn't be provisionally attached

FEMA, BANKING & INSURANCE : Where property in question had been mortgaged with bank and there was nothing to prove that proceeds of crime were involved in acquiring said property, same could not be attached

from www.taxmann.com Latest Case Laws https://ift.tt/39G4SCE
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AO can’t disallow cost of improvement merely relying on enquiries made with assessee’s neighbour: ITAT

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