Author: majestylegal

Money Laundering, PMLA

“A WOMAN’S EDUCATION OR STATUS SHOULD NOT DENY HER THE BENEFIT OF SECTION 45(1) OF PMLA,2002”- SC

PMLA 2002

Service Tax

“SERVICE TAX DEMAND ON LEGAL PROFESSIONALS QUASHED; LIABILITY LIES WITH RECIPIENT”- Karnataka HC

SERVICE TAX DEMAND ON LEGAL PROFESSIONALS QUASHED; LIABILITY LIES WITH RECIPIENT

PMLA

“BAIL IS THE RULE, JAIL IS THE EXCEPTION”- SC

Bail is the rule, jail exception

Uncategorized

HYPOTHETICAL INCOME IS NOT REAL INCOME AND THUS, NOT CHARGEABLE TO TAX

Hypothetical Income is not real income

NI Act

VICARIOUS LIABILITY OF DIRECTORS OF COMPANY IS NOT ATTRACTED UNLESS SPECIFIC ASSERTIONS ARE MADE -SC

Vicarous liability of Directors

Uncategorized

NOTIFICATION UNDER FOREIGN TRADE ACT,1992; APPLIES PROSPECTIVELY- Andhra Paresh HC

Foreign Trade Act

CGST Act, GST, Notification

GST Notification : Establishment of GST Appellate Tribunals

GSTAT

NI Act

STRICT INTERPRETATION OF ‘DRAWER’ IN NI ACT EXCLUDES AUTHORIZED SIGNATORIES-SC

NI Act,1881

Money Laundering

ED LACKS AUTHORITY TO ARREST AFTER SPECIAL COURT TAKES COGNIZANCE- SC

PMLA Act,2002

Income Tax

BUILT UP AREA’ INTRODUCED WITH EFFECT FROM 1 APRIL, 2005 COULD NOT BE APPLIED RETROSPECTIVELY- Bombay HC

Section 80 1B of Income Tax Act