https://www.taxtmi.com/caselaws?id=787552 Provisional attachment under the Prevention of Money Laundering Act was upheld because investigative records, ECIR and admissions showed appellants acted as agents/directors promoting and collecting deposits for an illicit scheme and that consideration for immovable properties derived from commissions tied to that scheme; spouses failed to prove independent legitimate sources. The Tribunal applied the principle that recipients of proceeds may be liable to attachment even if not separately accused and treated earnings from involvement in the illicit scheme as not legitimate, resulting in confirmation of the provisional attachment and dismissal of the appeals. en-us Mon, 15 Dec 2025 00:00:00 +0530 Mon, 09 Mar 2026 07:53:15 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=787552 Provisional attachment under the Prevention of Money Laundering Act was upheld because investigative records, ECIR and admissions showed appellants acted as agents/directors promoting and collecting deposits for an illicit scheme and that consideration for immovable properties derived from commissions tied to that scheme; spouses failed to prove independent legitimate sources. The Tribunal applied the principle that recipients of proceeds may be liable to attachment even if not separately accused and treated earnings from involvement in the illicit scheme as not legitimate, resulting in confirmation of the provisional attachment and dismissal of the appeals. Case-Laws Money Laundering Mon, 15 Dec 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=787552