https://www.taxtmi.com/caselaws?id=773399 The Appellate Tribunal under SAFEMA allowed ED's appeal against the Adjudicating Authority's order refusing to confirm attachment of chartered accountant's bank account containing Rs. 3,34,585.89. The respondent CA had issued project completion certificates based on fabricated documents supplied by Tayal Group, enabling bank fraud against UCO Bank. The Tribunal held that the CA's conduct constituted professional negligence rather than good faith, rejecting his claim that attached funds were legitimate professional fees. The attachment order was confirmed as the amount represented proceeds of crime. en-us Wed, 19 Mar 2025 00:00:00 +0530 Mon, 23 Jun 2025 08:42:52 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=773399 The Appellate Tribunal under SAFEMA allowed ED's appeal against the Adjudicating Authority's order refusing to confirm attachment of chartered accountant's bank account containing Rs. 3,34,585.89. The respondent CA had issued project completion certificates based on fabricated documents supplied by Tayal Group, enabling bank fraud against UCO Bank. The Tribunal held that the CA's conduct constituted professional negligence rather than good faith, rejecting his claim that attached funds were legitimate professional fees. The attachment order was confirmed as the amount represented proceeds of crime. Case-Laws Money Laundering Wed, 19 Mar 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=773399