https://www.taxtmi.com/caselaws?id=775659 The AT under SAFEMA held that attachment of property under the Prohibition of Benami Property Transaction Act, 1988 was improper when the same property was already attached under the Prevention of Money Laundering Act, 2002. Noting the Adjudicating Authority's acknowledgment of the prior attachment under the 2002 Act, the tribunal found no justification for the subsequent attachment order, which was confirmed by the impugned order. Consequently, the tribunal quashed the attachment order under the 1988 Act, as the property was already subject to attachment proceedings initiated by the 2002 Act. en-us Wed, 16 Jul 2025 00:00:00 +0530 Tue, 29 Jul 2025 08:30:18 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=775659 The AT under SAFEMA held that attachment of property under the Prohibition of Benami Property Transaction Act, 1988 was improper when the same property was already attached under the Prevention of Money Laundering Act, 2002. Noting the Adjudicating Authority's acknowledgment of the prior attachment under the 2002 Act, the tribunal found no justification for the subsequent attachment order, which was confirmed by the impugned order. Consequently, the tribunal quashed the attachment order under the 1988 Act, as the property was already subject to attachment proceedings initiated by the 2002 Act. Case-Laws Benami Property Wed, 16 Jul 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=775659