https://www.taxtmi.com/highlights?id=96550 Proceeds of crime tracing and attachment of property of equivalent value were upheld where the accused's son's illicit commission could not be traced to bank or loan records. Tribunal found no loan documentation or repayment evidence and accepted provisional attachment under the relevant confiscation regime; consequence: property purchased even before the offence may be provisionally attached if proceeds are not traceable. Burden of proof on claimants to establish bona fide source; custodial statements and prior case law were relied upon. The appeal against confirmation of provisional attachment is dismissed. en-us Tue, 03 Feb 2026 08:38:32 +0530 Tue, 03 Feb 2026 08:38:34 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=96550 Proceeds of crime tracing and attachment of property of equivalent value were upheld where the accused's son's illicit commission could not be traced to bank or loan records. Tribunal found no loan documentation or repayment evidence and accepted provisional attachment under the relevant confiscation regime; consequence: property purchased even before the offence may be provisionally attached if proceeds are not traceable. Burden of proof on claimants to establish bona fide source; custodial statements and prior case law were relied upon. The appeal against confirmation of provisional attachment is dismissed. Highlights Money Laundering Tue, 03 Feb 2026 08:38:32 +0530 https://www.taxtmi.com/highlights?id=96550