Friday, April 17, 2020

Property acquired prior to commission of scheduled offence or introduction of PMLA cannot be attached

FEMA, Insurance and Banking: Property acquired prior to commission of scheduled offence i.e. criminal activity or introduction of PMLA cannot be attached unless property obtained or acquired from scheduled offence is held or taken outside country.

from www.taxmann.com Latest Case Laws https://ift.tt/2yhFypb
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