Income Tax Practitioner and Wife Jailed for 3 Years in ₹3.6 Lakh TDS Refund Fraud
The Special Additional Chief Judicial Magistrate (ACJM) Court for CBI cases in Ahmedabad (Rural) on 29.11.2024 sentenced two individuals named Suresh...
Statements recorded by Authorities are “Admissible Evidence” under PMLA, proceedings are deemed ‘Judicial’: Supreme Court [Read Judgement]
The Supreme Court observed that as per sub-section (4) thereof every proceeding under sub-sections (2) and (3) is deemed to be a Judicial proceeding within the meaning of Section 193 and Section 228...
NCLAT Orders ED to Lift PMLA Attachment on Corporate Debtor's Asset Citing SRA Protection u/s 32A of IBC [Read Order]
The Delhi bench of the National Company Law Appellate Tribunal ( NCLAT ) has directed the Enforcement Directorate (ED) to lift the PMLA attachment on the corporate debtor's assets, citing the...
ED Can Launch Prosecution by Filing a Complaint for Violation of S. 3 and 4 of PMLA based on Predicate Offence: Punjab and Haryana HC [Read Order]
The Punjab and Haryana High Court has held that Enforcement Directorate ( ED ) can launch prosecution by filing a complaint for violation of Section 3 and Section 4 of Prevention of Money Laundering...
