https://www.taxtmi.com/highlights?id=97321 Attachment of immovable property acquired before a scheduled offence may be treated as proceeds of crime or as property of equivalent value where actual proceeds are untraceable; the article explains that the definition of proceeds of crime includes direct proceeds and equivalent value property, and that prior acquisition does not preclude attachment when a connection or equivalence is shown. It emphasises the statutory onus on persons claiming interest to prove legitimate source (absence of loan documentation and admissions defeated the claim). It further states that exclusion of the Covid 19 period applies in computing the 180 day limit for confirmation, rendering the confirmation timely. en-us Mon, 02 Mar 2026 15:10:07 +0530 Mon, 02 Mar 2026 15:10:07 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=97321 Attachment of immovable property acquired before a scheduled offence may be treated as proceeds of crime or as property of equivalent value where actual proceeds are untraceable; the article explains that the definition of proceeds of crime includes direct proceeds and equivalent value property, and that prior acquisition does not preclude attachment when a connection or equivalence is shown. It emphasises the statutory onus on persons claiming interest to prove legitimate source (absence of loan documentation and admissions defeated the claim). It further states that exclusion of the Covid 19 period applies in computing the 180 day limit for confirmation, rendering the confirmation timely. Highlights Money Laundering Mon, 02 Mar 2026 15:10:07 +0530 https://www.taxtmi.com/highlights?id=97321