https://www.taxtmi.com/caselaws?id=778919 AT dismissed the appeal. Tribunal upheld provisional attachment of properties equivalent to proceeds of crime after finding fraudulent diversion of Rs. 5,61,85,590 relating to scholarships for SC/ST students; direct proceeds were not found with the appellant, so attachment of property of equal value was permissible under the definition of "proceeds of crime." The PAO limited attachment to Rs. 5,61,85,590 (not Rs. 7,78,55,373), and no other successful legal or factual challenge was raised on behalf of the appellant. en-us Mon, 01 Sep 2025 00:00:00 +0530 Thu, 25 Sep 2025 08:37:30 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=778919 AT dismissed the appeal. Tribunal upheld provisional attachment of properties equivalent to proceeds of crime after finding fraudulent diversion of Rs. 5,61,85,590 relating to scholarships for SC/ST students; direct proceeds were not found with the appellant, so attachment of property of equal value was permissible under the definition of "proceeds of crime." The PAO limited attachment to Rs. 5,61,85,590 (not Rs. 7,78,55,373), and no other successful legal or factual challenge was raised on behalf of the appellant. Case-Laws Money Laundering Mon, 01 Sep 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=778919