https://www.taxtmi.com/caselaws?id=781977 Under the Prevention of Money Laundering Act, 2002, a claimant seeking release of seized cash must prove lawful source through reliable, corroborative evidence; mere cash book entries, balance-sheets and income-tax returns were held insufficient without supporting bank statements or other proof of actual availability of cash. The Tribunal found that the appellants failed to discharge that burden, especially since the records were not produced at the time of search and the surrounding circumstances indicated possible proceeds of a scheduled offence. The retention order was treated as provisional and linked to the pending trial, so the challenge failed and the appeals were dismissed. en-us Tue, 18 Nov 2025 00:00:00 +0530 Mon, 24 Nov 2025 08:57:48 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=781977 Under the Prevention of Money Laundering Act, 2002, a claimant seeking release of seized cash must prove lawful source through reliable, corroborative evidence; mere cash book entries, balance-sheets and income-tax returns were held insufficient without supporting bank statements or other proof of actual availability of cash. The Tribunal found that the appellants failed to discharge that burden, especially since the records were not produced at the time of search and the surrounding circumstances indicated possible proceeds of a scheduled offence. The retention order was treated as provisional and linked to the pending trial, so the challenge failed and the appeals were dismissed. Case-Laws Money Laundering Tue, 18 Nov 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=781977