https://www.taxtmi.com/caselaws?id=753645 The Appellate Tribunal under SAFEMA at New Delhi decided 13 appeals concerning money laundering charges involving illegal foreign remittances to Hong Kong through fake import documents. The tribunal set aside attachments of bank accounts and fixed deposits where appellants successfully demonstrated legitimate fund sources and lack of connection to alleged crimes. Appeals were dismissed where fund sources remained unconvincingly explained. All 13 appeals were disposed of with pending applications. en-us Tue, 07 May 2024 00:00:00 +0530 Fri, 07 Jun 2024 08:13:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=753645 The Appellate Tribunal under SAFEMA at New Delhi decided 13 appeals concerning money laundering charges involving illegal foreign remittances to Hong Kong through fake import documents. The tribunal set aside attachments of bank accounts and fixed deposits where appellants successfully demonstrated legitimate fund sources and lack of connection to alleged crimes. Appeals were dismissed where fund sources remained unconvincingly explained. All 13 appeals were disposed of with pending applications. Case-Laws Money Laundering Tue, 07 May 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=753645