https://www.taxtmi.com/caselaws?id=787448 Under the Prevention of Money Laundering Act, the note explains that provisional attachment may extend to property held by persons who are not accused where investigative material links those assets to proceeds of crime; deposits and transfers tied by investigation to the embezzled corpus can be treated as proceeds for attachment purposes; a reasonable belief based on cash deposits, seizures and accounting entries suffices to issue a show-cause notice; and declared sources or housing loans that do not satisfactorily explain deposits and acquisitions will not defeat attachment. The practical effect is confirmation of provisional attachment where investigative linkage is established. en-us Thu, 29 Jan 2026 00:00:00 +0530 Thu, 05 Mar 2026 15:16:47 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=787448 Under the Prevention of Money Laundering Act, the note explains that provisional attachment may extend to property held by persons who are not accused where investigative material links those assets to proceeds of crime; deposits and transfers tied by investigation to the embezzled corpus can be treated as proceeds for attachment purposes; a reasonable belief based on cash deposits, seizures and accounting entries suffices to issue a show-cause notice; and declared sources or housing loans that do not satisfactorily explain deposits and acquisitions will not defeat attachment. The practical effect is confirmation of provisional attachment where investigative linkage is established. Case-Laws Money Laundering Thu, 29 Jan 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=787448