SC upheld decision that seciont 148A is applicable on every notice.It observed that the Revenue erred in issuing the impugned notices under the unamended provision when they should have been issued as per the substituted provisions introduced through the Finance Act 2021.
The Enforcement Directorate (ED) on Wednesday said that they have issued a Provisional Attachment Order under the Prevention of Money Laundering Act (PMLA), attaching Rs 72,32,42,045 lying in various bank accounts and payment gateway accounts .