Register Price / Packages DEMO Option My Bookmarks Daily Newsletters Feedback/ Suggestions
Tax Management India. Com
Law and Practice  :  Digital eBook
Research is most exciting & rewarding


Case Laws Acts Notifications Circulars Classification Forms Manuals Articles News D. Forum Highlights Notes
TMI - e-Newsletter     TaxTMI    Prohibiting export of Non-Basmati Rice -...     TaxTMI    Eligibility for settlement under DTVSV Act - Delay...     TaxTMI    Validity of Assessment u/s 153A - no search...     TaxTMI    Addition on Account of LTCG u/s 50C - The appellant...     TaxTMI    Import of services - certain reimbursements made to...     TaxTMI    Wavier of demurrage/storage charges - Detention of...     TaxTMI    Validity of o Ex parte scrutiny assessment order...     TaxTMI    Transfer of Jurisdiction u/s 127 - File were...     TaxTMI    Cancellation of registration of petitioner - The...     TaxTMI    Time Limitation - Rejection of appeal filed by the...     TaxTMI    Validity of assessment order and bank attachment...     TaxTMI    Validity of assessment order u/s 74 - The order...     TaxTMI    Whether the legal services provided by lawyers are...     TaxTMI    Imposition of tax and penalty u/s 129(3) - e-way...     TaxTMI    The High Court upheld the levy of tax and penalty...     TaxTMI    Latest Case-Laws     TaxTMI    Latest Notifications + Circulars     TaxTMI    GST Council Decisions     TaxTMI       Right Stop
  TMI - Tax Management India. Com
Follow us:
  Facebook   Twitter   Linkedin   Telegram
PMLA - Highlights / Catch Notes

Home Highlights November 2022 Year 2022 This

By handing over money with the intent of giving bribe, such ...

Money Laundering

November 2, 2022

By handing over money with the intent of giving bribe, such person will be assisting or will knowingly be a party to an activity connected with the proceeds of crime. Without such active participation on part of the person concerned, the money would not assume the character of being proceeds of crime. The relevant expressions from Section 3 of the PML Act are thus wide enough to cover the role played by such person. - SC

View Source

 

← Previous Next →

 

You may also like:

  1. Offence under money laundering - PMLA - The proceeds of crime may be acquired by another person who commits one of the scheduled offences, and the person charged with...

  2. Anti-Money Laundering (AML) / Combating the Financing of Terrorism (CFT) Standards - Money changing activities - Circular

  3. Action against Resolution Professional - Section 233 gives protection to a resolution professional from criminal prosecution for acts in good faith, and not where he has...

  4. Modus operandi for tax evasion - Sham transactions - In three days, the assessee himself, who was having no worth, alleged that he borrowed Rs.25.97 lakhs from 148...

  5. E-auction of assets corporate debtors - who can participate - Scope of the term related party / relative - The expressions ‘related party’ and ‘relative’ contained in...

  6. Addition u/s 68 - receipt of share application money - reliance on statement of third parties - The statements of third parties i.e. two angadias relied upon by the ld....

  7. Grant of anticipatory bail - Money Laundering - siphoning off of funds - The court interprets Section 3 of the PMLA Act, emphasizing that it encompasses individuals who...

  8. Unexplained Cash Credit u/s 68 - share application money pending allotment treated as undisclosed money - The manner in which ld. CIT (A) passed the appellate order...

  9. Money Laundering - Seeking grant of bail - Practicing chartered accountant (CA) - allegation of assisting the co-accused to convert the tainted money into untainted...

  10. Party to litigation - aggrieved person / party - In case of demerger of a company, who should be made the party to the litigation - all appeals dismissed - AT

  11. Bribe - bribing the public servant, having abetted P.W. 1 for commission of the offence - if it is a definite case that the accused came and gave money as it is...

  12. Business Auxiliary Services - appellant is bottling and marketing of beverages under trade name Coca Cola, Kinley, Sprite etc - any activity which has been undertaken by...

  13. Prohibited activities for investment by a person resident outside India - FDI - FEMA - New Regulations

  14. TDS - Section 194C requires the person responsible for paying the money and it does not requires to deduct tax by the person who is liable to make money - AT

  15. Memorandum of Instructions governing Money Changing Activities - Circular

 

Quick Updates:Latest Updates

What's New:
    Latest Case Laws
What's New:
    Latest Notifications
What's New:
    Latest Circulars
H: In a case of undisclosed investment in family property, High Court uph...
F: Partner Remuneration
C: Disposal of Unmanned Aircraft Systems (UAS)/Unmanned Aerial Vehicles S...
F: Whether Registration Required in Another State
N: Exemption from specified income U/s 10(46) – ‘Tamil Nadu Water Supply ...
H: Reassessment Order validity questioned due to CIT(A) errors. AO appeal...
H: ITAT Kolkata held that addition u/s 50C not sustainable as lower autho...
H: ITAT Hyderabad directed TP adjustment to be based on transactions with...
H: ITAT Mumbai allowed 50% deduction u/s 80G for donation exceeding 10% o...
H: ITAT Mumbai allowed the exemption u/s 54 for LTCG as construction not ...
H: ITAT Delhi held that as the assessee lacked books of accounts, Sec 68 ...
H: ITAT Chennai held no disallowance u/s 14A r.w.r. 8D as no exempt incom...
F: GST liability on Complete Commercial Project under Area Sharing
F: RECOVERING GST PAID AT HIGHER RATE
F: Repair and Maintenance Input in case of Immovable property given on rent
H: RBI updates Master Direction on Risk Management and Inter-Bank Dealing...
H: Export of Silk Waste under HS code 5003 requires inspection/test repor...
H: SEBI enhances digital on-boarding for Portfolio Managers, introduces f...
H: SEBI sets a framework for stock exchanges to supervise Research Analys...
H: SEBI mandates PMS distributors to register with APMI for oversight. Ef...
H: Instruction issued for review of G-Card holders' requirement at Custom...
H: Verification of authenticity of UAE-issued Certificate of Origin with ...
N: Amendment of Notification No. 03/GST-2, dated 24.01.2024 (To extend th...
N: Fixation of Tariff Value of Edible Oils, Brass Scrap, Areca Nut, Gold ...
A: Harnessing Artificial Intelligence for Analytics in Small and Medium-S...
A: No denial of ITC merely because the supplier failed to file returns an...
A: Benefits of Udyam Registration Online
C: Industry Standards on verification of market rumours
C: Framework for considering unaffected price for transactions upon confi...
C: Issuance of partly paid units to persons resident outside India by inv...