https://www.taxtmi.com/highlights?id=94150 The AT dismissed the appeal and upheld the Provisional Attachment Order, finding the appellant to be a recipient and parking point of proceeds of crime rather than a bona fide trader. The Tribunal held that corroborative evidence - including bank records, the statement under s.50(2) and absence of delivery, trade licence, mining lease or Ravana documents - established receipt of advance payments for mineral supply that never occurred and absence of lawful extraction/royalty compliance. The AT further held that naming as an accused in the charge-sheet was unnecessary for attachment where property constitutes proceeds of crime. No reversible error was found in the impugned order and interference was refused. en-us Fri, 14 Nov 2025 09:42:55 +0530 Fri, 14 Nov 2025 09:42:56 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=94150 The AT dismissed the appeal and upheld the Provisional Attachment Order, finding the appellant to be a recipient and parking point of proceeds of crime rather than a bona fide trader. The Tribunal held that corroborative evidence - including bank records, the statement under s.50(2) and absence of delivery, trade licence, mining lease or Ravana documents - established receipt of advance payments for mineral supply that never occurred and absence of lawful extraction/royalty compliance. The AT further held that naming as an accused in the charge-sheet was unnecessary for attachment where property constitutes proceeds of crime. No reversible error was found in the impugned order and interference was refused. Highlights Money Laundering Fri, 14 Nov 2025 09:42:55 +0530 https://www.taxtmi.com/highlights?id=94150