https://www.taxtmi.com/caselaws?id=787498 Whether provisional attachment of immovable property is sustainable where investigation material gives reason to believe the property represents proceeds or equivalent value of money laundering; the note applies the statutory "reason to believe" test and finds that witness statements, CCTV, bank transaction trails, inter-account transfers, RTGS payments to bullion dealers, and admissions establish a prima facie pattern of placement, layering and integration by conversion of demonetized currency into gold. Operatively, the available prima facie material supports confirmation of the provisional attachment and dismissal of the appeal. en-us Thu, 05 Feb 2026 00:00:00 +0530 Sat, 07 Mar 2026 08:39:14 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=787498 Whether provisional attachment of immovable property is sustainable where investigation material gives reason to believe the property represents proceeds or equivalent value of money laundering; the note applies the statutory "reason to believe" test and finds that witness statements, CCTV, bank transaction trails, inter-account transfers, RTGS payments to bullion dealers, and admissions establish a prima facie pattern of placement, layering and integration by conversion of demonetized currency into gold. Operatively, the available prima facie material supports confirmation of the provisional attachment and dismissal of the appeal. Case-Laws Money Laundering Thu, 05 Feb 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=787498