https://www.taxtmi.com/caselaws?id=784963 Provisional attachment of assets was upheld where the evidence showed funds collected from the public through payment gateways were credited into the appellant's bank accounts and then routed to trading and self-accounts. The appellant failed to comply with summons under the money-laundering law and did not produce credible proof of lawful sources such as tuition income, savings, loans, or other personal earnings. Given the statutory burden and the tracing of the credited amounts to fraud proceeds, no basis was found to interfere with the attachment, which was sustained. en-us Mon, 05 Jan 2026 00:00:00 +0530 Thu, 15 Jan 2026 08:41:22 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=784963 Provisional attachment of assets was upheld where the evidence showed funds collected from the public through payment gateways were credited into the appellant's bank accounts and then routed to trading and self-accounts. The appellant failed to comply with summons under the money-laundering law and did not produce credible proof of lawful sources such as tuition income, savings, loans, or other personal earnings. Given the statutory burden and the tracing of the credited amounts to fraud proceeds, no basis was found to interfere with the attachment, which was sustained. Case-Laws Money Laundering Mon, 05 Jan 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=784963