HomeCompany & PMLAMere Issuance Of Form 15CB By CA Does Not...

Mere Issuance Of Form 15CB By CA Does Not Amount to Abetment Of Money Laundering: Supreme Court

In a significant ruling safeguarding the professional responsibilities of Chartered Accountants (CAs), the Supreme Court has upheld that merely issuing Form 15CB under the Income-Tax Act does not constitute abetment of money laundering under the Prevention of Money Laundering Act (PMLA), 2002. The bench of Justice Surya Kant and Justice Joymalya Bagchi upheld the decision…

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Mariya Paliwala
Mariya Paliwalahttps://www.jurishour.in/
Mariya is the Senior Editor at Juris Hour. She has 5+ years of experience on covering tax litigation stories from the Supreme Court, High Courts and various tribunals including CESTAT, ITAT, NCLAT, NCLT, etc. Mariya graduated from MLSU Law College, Udaipur (Raj.) with B.A.LL.B. and also holds an LL.M. She started as a freelance tax reporter in the leading online legal news companies like LiveLaw & Taxscan.