https://www.taxtmi.com/caselaws?id=787333 PMLA permits attachment of property equivalent in value where actual proceeds of crime are untraceable, including property acquired before the scheduled offence, subject to statutory safeguards. The three-limbed definition of proceeds of crime covers property derived directly or indirectly from criminal activity and equivalent-value property. Persons claiming attached property bear the statutory burden of establishing its lawful source; admissions and records concerning repayment or servicing from alleged proceeds may be relevant. For provisional attachment, the 180-day period for confirmation is computed after excluding the Covid-19 interval from 15 March 2020 to 28 February 2022, preserving confirmation where the adjusted period is met. en-us Wed, 17 Dec 2025 00:00:00 +0530 Mon, 02 Mar 2026 08:35:43 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=787333 PMLA permits attachment of property equivalent in value where actual proceeds of crime are untraceable, including property acquired before the scheduled offence, subject to statutory safeguards. The three-limbed definition of proceeds of crime covers property derived directly or indirectly from criminal activity and equivalent-value property. Persons claiming attached property bear the statutory burden of establishing its lawful source; admissions and records concerning repayment or servicing from alleged proceeds may be relevant. For provisional attachment, the 180-day period for confirmation is computed after excluding the Covid-19 interval from 15 March 2020 to 28 February 2022, preserving confirmation where the adjusted period is met. Case-Laws Money Laundering Wed, 17 Dec 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=787333