https://www.taxtmi.com/caselaws?id=785932 Proceeds of crime untraceability permits attachment of property of equivalent value where accused cannot substantiate a lawful source. The tribunal found absence of loan documentation and bank records, and admission of non-repayment, shifting the evidentiary burden onto the appellant; consequence: provisional attachment and confirmation of the impugned order. The decision treats third-party bona fide interest and statements under procedural provisions as insufficient where proceeds are not traceable, and endorses precedent that property acquired prior to the offence may be attached if illicit proceeds cannot be located. Appeal dismissed on the ground that no tenable source for the purchase was disclosed. en-us Tue, 06 Jan 2026 00:00:00 +0530 Tue, 03 Feb 2026 08:38:31 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=785932 Proceeds of crime untraceability permits attachment of property of equivalent value where accused cannot substantiate a lawful source. The tribunal found absence of loan documentation and bank records, and admission of non-repayment, shifting the evidentiary burden onto the appellant; consequence: provisional attachment and confirmation of the impugned order. The decision treats third-party bona fide interest and statements under procedural provisions as insufficient where proceeds are not traceable, and endorses precedent that property acquired prior to the offence may be attached if illicit proceeds cannot be located. Appeal dismissed on the ground that no tenable source for the purchase was disclosed. Case-Laws Money Laundering Tue, 06 Jan 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=785932