https://www.taxtmi.com/caselaws?id=467507 Provisional attachment of immovable properties alleged to be proceeds of crime was challenged; the tribunal summarises that the Adjudicating Authority relied on documentary and testimonial materials - agreements, bank payments predating claimed loans, absence of credible loan documentation, repayments routed through appellant-controlled concern, and corroborative statements under section 164 Cr.P.C. - to record prima facie reasons to believe involvement in money laundering including concealment and layering. The appellate body declined to reappreciate the evidence on merits where explanations were contradictory or insufficient, and the confirmation of attachment was maintained. en-us Tue, 06 Aug 2024 00:00:00 +0530 Sat, 21 Mar 2026 22:41:28 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=467507 Provisional attachment of immovable properties alleged to be proceeds of crime was challenged; the tribunal summarises that the Adjudicating Authority relied on documentary and testimonial materials - agreements, bank payments predating claimed loans, absence of credible loan documentation, repayments routed through appellant-controlled concern, and corroborative statements under section 164 Cr.P.C. - to record prima facie reasons to believe involvement in money laundering including concealment and layering. The appellate body declined to reappreciate the evidence on merits where explanations were contradictory or insufficient, and the confirmation of attachment was maintained. Case-Laws Money Laundering Tue, 06 Aug 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=467507