https://www.taxtmi.com/caselaws?id=784899 A party cannot, in an appeal against the same judgment, contradict its own recorded submissions, admissions or concessions; the proper remedy is to seek correction, clarification or review before the court that made the record, and the recorded statements remained binding here. 'Proceeds of crime' under the PMLA require property derived or obtained from criminal activity relating to a scheduled offence; money advanced through banking channels under a commercial land-acquisition arrangement, reflected in accounts and found to be a lawful business transaction, did not satisfy that test. In the absence of a proven nexus with criminal activity, the PMLA attachment could not stand, and the attached properties were directed to be released subject to the stated interest apportionment. en-us Tue, 23 Dec 2025 00:00:00 +0530 Wed, 14 Jan 2026 08:56:54 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=784899 A party cannot, in an appeal against the same judgment, contradict its own recorded submissions, admissions or concessions; the proper remedy is to seek correction, clarification or review before the court that made the record, and the recorded statements remained binding here. 'Proceeds of crime' under the PMLA require property derived or obtained from criminal activity relating to a scheduled offence; money advanced through banking channels under a commercial land-acquisition arrangement, reflected in accounts and found to be a lawful business transaction, did not satisfy that test. In the absence of a proven nexus with criminal activity, the PMLA attachment could not stand, and the attached properties were directed to be released subject to the stated interest apportionment. Case-Laws Money Laundering Tue, 23 Dec 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=784899