https://www.taxtmi.com/caselaws?id=780174 Money-laundering under the Prevention of Money Laundering Act may be treated as a continuing offence where post-amendment dealings with proceeds of crime occur, even if the predicate activity pre-dated the amendment. Proceeds of crime include property derived from criminal activity and its equivalent value, permitting attachment of other property where the tainted property is untraceable; acquisition through a family settlement does not itself prevent attachment. Provisional attachment requires recorded reasons to believe founded on relevant material with a rational connection to that belief. Statements, bank records, documentary evidence and surrounding circumstances may collectively support an inference of laundering and rebut an asserted lawful source of funds. en-us Tue, 14 Oct 2025 00:00:00 +0530 Sat, 25 Oct 2025 09:00:54 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=780174 Money-laundering under the Prevention of Money Laundering Act may be treated as a continuing offence where post-amendment dealings with proceeds of crime occur, even if the predicate activity pre-dated the amendment. Proceeds of crime include property derived from criminal activity and its equivalent value, permitting attachment of other property where the tainted property is untraceable; acquisition through a family settlement does not itself prevent attachment. Provisional attachment requires recorded reasons to believe founded on relevant material with a rational connection to that belief. Statements, bank records, documentary evidence and surrounding circumstances may collectively support an inference of laundering and rebut an asserted lawful source of funds. Case-Laws Money Laundering Tue, 14 Oct 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=780174