https://www.taxtmi.com/caselaws?id=467729 Provisional attachment of properties was justified where the record showed a prima facie case that customer advances were diverted through group entities and used to acquire assets traceable to proceeds of crime. The Tribunal relied on multiple FIRs, the enforcement investigation, forensic audit material and the documented money trail linking the attached properties to a structured chain of transactions. Because the appellants failed to explain the source and commercial purpose of the transfers satisfactorily, the Tribunal found a sufficient nexus between the assets and the alleged laundering activity and upheld the attachment. en-us Wed, 21 May 2025 00:00:00 +0530 Tue, 31 Mar 2026 19:02:08 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=467729 Provisional attachment of properties was justified where the record showed a prima facie case that customer advances were diverted through group entities and used to acquire assets traceable to proceeds of crime. The Tribunal relied on multiple FIRs, the enforcement investigation, forensic audit material and the documented money trail linking the attached properties to a structured chain of transactions. Because the appellants failed to explain the source and commercial purpose of the transfers satisfactorily, the Tribunal found a sufficient nexus between the assets and the alleged laundering activity and upheld the attachment. Case-Laws Money Laundering Wed, 21 May 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=467729