Three CBI Courts designated as Special Courts under PMLA in West Bengal

Three CBI Courts designated as Special Courts under PMLA in the State of West Bengal

MINISTRY OF FINANCE
(Department of Revenue)
NOTIFICATION

New Delhi, the 1st July, 2024

S.O. 2515(E).—In exercise of powers conferred by sub-section (1) of section 43 of the Prevention of Money Laundering Act, 2002 (15 of 2003) and in consultation with the Chief Justice of High Court of Judicature at Calcutta, the Central Government hereby makes the following further amendments in the notification of the Government of India in the Ministry of Finance (Department of Revenue) number S.O. 372(E), dated the 5th February, 2016 published in the Gazette of India, Extraordinary, Part II, Section 3, sub-section (ii), namely:-

In the said notification, in the Table, against serial number 29 relating to the State of West Bengal, after the existing entries in Columns (3) and (4), the following entries shall be inserted, namely:-

[F. No. C-18015/3/2013-Ad.ED (Part-I)]

RAJEEV LOCHAN, Under Secy

Note: The principal Notification was published in the Gazette of India, Extraordinary, Part II, Section 3,
sub-section (ii) vide number S.O. 372(E), dated the 5th February, 2016.

• Deduction u/s 80P denied as return not filed u/s 139(1) but in response to notice u/s 148
• High Court denied pre-arrest bail to accused of fake ITC utilisation
• ITR was not non est for no e-verification when AO took cognizance of returned income
• Section 43CB & ICDS-III is applicable to contractors not to real estate developers
• Expenses of ESOP are allowable as revenue expenditure u/s 37(1) of Income Tax Act.