https://www.taxtmi.com/caselaws?id=788319 Property is liable for attachment where the record shows acquisition during the relevant crime period and a nexus with diverted funds; the plea that it was purchased before the offence was rejected. A claimed lawful source through the appellant's alleged earnings as an agent failed because no credible role, specific evidence, or consistent account activity was shown. The husband's alleged contribution was also unproved as a legitimate source and, in any event, was traced to the fraudulent scheme. The Tribunal further held that attachment was not excessive merely because the property value exceeded the alleged proceeds, since statutory value is the fair market value on the date of acquisition. The challenge to the provisional attachment was rejected in full. en-us Wed, 03 Dec 2025 00:00:00 +0530 Fri, 20 Mar 2026 08:35:11 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=788319 Property is liable for attachment where the record shows acquisition during the relevant crime period and a nexus with diverted funds; the plea that it was purchased before the offence was rejected. A claimed lawful source through the appellant's alleged earnings as an agent failed because no credible role, specific evidence, or consistent account activity was shown. The husband's alleged contribution was also unproved as a legitimate source and, in any event, was traced to the fraudulent scheme. The Tribunal further held that attachment was not excessive merely because the property value exceeded the alleged proceeds, since statutory value is the fair market value on the date of acquisition. The challenge to the provisional attachment was rejected in full. Case-Laws Money Laundering Wed, 03 Dec 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=788319