SC verdict on PMLA on non scheduled Offences- The Supreme Court has rejected the review petitions filed against its previous judgment, which ruled that proceedings under the Prevention of Money Laundering Act (PMLA) cannot be initiated by invoking Section 120B of the Indian Penal Code
A person named as Surjeet singh has filed a PIL in Delhi high court. The PIL is filed to remove Delhi CM Arvind kejriwal from his post of CM. As we know he is arrested and is in jail for liquor scam. His remand is
Case name-Title: INDIAN NATIONAL CONGRESS v. DEPUTY COMMISSIONER OF INCOME TAX and other connected matters On Thursday, the Delhi High Court dismissed pleas submitted by the Indian National Congress regarding the commencement of income tax re-assessment proceedings for four consecutive years (2017-18, 2018-19, 2019-20, and 2020-21)
What is PMLA? PMLA stands for the prevention of money laundering. An act passed by the Indian parliament to curb the black money.The Prevention of Money Laundering Act (PMLA) became applicable in India on July 1, 2005. While the Act was enacted in 2002, it
Delhi chief minister Arvind Kejriwal custody extended till April 1 On Thursday, a Delhi Court extended Chief Minister Arvind Kejriwal’s custody to the Enforcement Directorate (ED) until April 1 in connection with the alleged liquor policy scam case involving money laundering. Kejriwal was arrested on
Q-1 What is 43B(h) Ans- 43B(h) refers to a section of the Indian Income Tax Act, introduced in the Finance Act of 2023. It aims to ensure timely payments to Micro and Small Enterprises (MSMEs). In this provision the delayed payment will be disallowed as
Refund of tax recovered from the recipient- In a recent judgment the court has allowed the refund of amount recovered from the buyer. In this case the supplier defaulted in payment of tax. the deptt recovered the same from the buyer. Lateron the supplier also
Rectification may be misjudged with the rectification of returns. So first thing I would like to clarify is that here we are going to discuss about the rectification of orders already passed by the GST department. 1- What are the provisions of rectification of orders
Issue in jurisdiction in GST Since the starting of GST the issue of proceedings by the authorities not assigned the TP is disputed. In many cases the courts are observing the relevant facts. In GST the cross empowerment is allowed but the same is not
The observation of Jharkhand High court- The Jharkhand High Court has issued a directive to the State government, instructing it to release 19 years’ worth of pending salary to an employee who was unlawfully terminated from their position within the Department of Industries (Handloom, Resham,
