Income Tax Act, 1961 .
10. In rebuttal, the Appellants firstly submit that the Income Tax Act, 1961
and the PMLA, 2002 are two different sets ... PMLA is not 'evidence* in
itself even for the purpose of prosecuting the accused under the PMLA, let
alone under the Income Tax Act
PMLA would
be stayed by virtue of Section 14 of the IBC has already
been considered by the Appellate Tribunal under the PMLA
Act ... Tribunal is of the
considered view that the attachment order under PMLA Act
is a nullity and non-est in law and hence it will
under Section 3 of the
Prevention of Money Laundering Act, 2002 (PMLA Act, 2002 ) read with
paragraphs 25 and 26 of Part ... Water, EP Acts amounts to offence under
Section 3 of the PMLA Act, 2002, the Enforcement Directorate needs to look
into the matter to proceed
Act is
dealt by that Act, unless and until it deals with other Act/(s). For example
provisions of Prevention of Money Laundering Act (PMLA ... scheduled offence under the PMLA. Without such a clear mandate nothing
can be imported to be implemented to other Act/(s).While dealing with
context
of ' Prevention of Money Laundering Act, 2002 ' ("PMLA" in short) where similar
provisions as in MPID Act are there with ... Thus, although Section 14 of the MPID Act (which is an Act earlier to
IBC) has effect notwithstanding anything inconsistent with any other
Act but also under the Environment (Protection) Act,
1986 , Air (Prevention & Control of Pollution) Act, 1981 and Water
(Prevention & Control of Pollution) Act ... crime under the said Acts automatically
commits an offence under Section 3 of the Prevention of Money
Laundering Act (PMLA), 2002. It is also
Assessing Officer, because
assessee has fulfilled all conditions prescribed under the Companies
Act, 2013 and rules made thereunder for issue of preference shares.
The assessee ... transaction to circumvent the provisions of section 56(2)(viib) of the
Act. Therefore, arguments of the assessee that it is a genuine
transaction
Prevention of Corruption Act , and the IPC is underway by the CBI, and
by the Appropriate Authority under the PMLA.
14. The petitioner ... charge sheet, therefore, means its despatch to the
government servant, and this act is complete the moment steps are
taken for the purpose, by framing
Jatinder Mehra, New Delhi vs Addi. Cit Range-70, New Delhi on 7 July, 2021
Provisional Liquidator' who has been acting against 'Devas Interest'
was confirmed as the 'Official Liquidator'.
35. The Mauritian shareholders ... without any legal or factual basis and the
purported 'FEMA and PMLA proceedings' were instances, in this regard.
Comp
