https://www.taxtmi.com/caselaws?id=288080 The Tribunal upheld the Adjudicating Authority's orders confirming the provisional attachment of properties, dismissing the appeals. It found that the properties held by the appellants were proceeds of crime and involved in money laundering, justifying attachment under the Prevention of Money Laundering Act. The Tribunal determined that there was sufficient evidence to establish a link between the attached properties and the proceeds of crime, emphasizing the burden of proof on the accused to demonstrate legitimate sources of funds, which the appellants failed to do. en-us Mon, 23 Nov 2009 00:00:00 +0530 Mon, 18 May 2020 17:55:18 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=288080 The Tribunal upheld the Adjudicating Authority's orders confirming the provisional attachment of properties, dismissing the appeals. It found that the properties held by the appellants were proceeds of crime and involved in money laundering, justifying attachment under the Prevention of Money Laundering Act. The Tribunal determined that there was sufficient evidence to establish a link between the attached properties and the proceeds of crime, emphasizing the burden of proof on the accused to demonstrate legitimate sources of funds, which the appellants failed to do. Case-Laws Money Laundering Mon, 23 Nov 2009 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=288080