Thursday, July 8, 2021

Offence u/s 8 of Prevention of Corruption Act would be traible by Special Court u/s 33(1)(a) of PMLA:HC

FEMA, BANKING AND INSURANCE : Section 44(1)(a) of PMLA expressly provides that scheduled offence and an offence punishable under section 4 of PMLA shall be triable by Special Court constituted for an area in which offence had been committed; therefore, where petitioner was being tried for an offence under section 8 of Prevention of Corruption Act, which was a scheduled offence, said offence would be triable by a Special Court, PMLA in terms of clause (a) of section 44(1) of PMLA

from www.taxmann.com Latest Case Laws https://ift.tt/3hRNCAi

No comments:

Post a Comment

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...