https://www.taxtmi.com/caselaws?id=375256 In a money-laundering proceeding, provisional attachment was sustained because the recorded reasons to believe were found sufficient on the material showing seizure of the cash from the appellant and its reference in the later FIR and charge-sheet. The appellant's challenge failed because the explanation on the source of funds was unsupported, and he did not discharge the statutory burden to show that the cash was not proceeds of crime. The confirmation of attachment was therefore upheld and the appeal failed in full. en-us Wed, 13 Feb 2019 00:00:00 +0530 Sat, 16 Feb 2019 06:30:28 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=375256 In a money-laundering proceeding, provisional attachment was sustained because the recorded reasons to believe were found sufficient on the material showing seizure of the cash from the appellant and its reference in the later FIR and charge-sheet. The appellant's challenge failed because the explanation on the source of funds was unsupported, and he did not discharge the statutory burden to show that the cash was not proceeds of crime. The confirmation of attachment was therefore upheld and the appeal failed in full. Case-Laws Money Laundering Wed, 13 Feb 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=375256