https://www.taxtmi.com/caselaws?id=771827 In attachment proceedings under money-laundering law, the tribunal upheld attachment where investigation expanded the valuation of tainted assets beyond the initial FIR figure, and the appellants failed to show a lawful source. Prior seizure of title documents did not bar attachment because transfer or alienation of the underlying properties remained possible. Properties were also found within the relevant check period, which extended from 1980 to 2013, so attachment of assets acquired during that period was lawful. Assets held in the names of family members and relatives were treated as proceeds of crime because bank records and statements did not prove any independent source of funds. en-us Wed, 05 Mar 2025 00:00:00 +0530 Sat, 31 May 2025 08:47:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=771827 In attachment proceedings under money-laundering law, the tribunal upheld attachment where investigation expanded the valuation of tainted assets beyond the initial FIR figure, and the appellants failed to show a lawful source. Prior seizure of title documents did not bar attachment because transfer or alienation of the underlying properties remained possible. Properties were also found within the relevant check period, which extended from 1980 to 2013, so attachment of assets acquired during that period was lawful. Assets held in the names of family members and relatives were treated as proceeds of crime because bank records and statements did not prove any independent source of funds. Case-Laws Money Laundering Wed, 05 Mar 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=771827