https://www.taxtmi.com/caselaws?id=468105 Unsupported explanations for seized cash and jewellery were rejected where no receipts, bank trail, contemporaneous records, or claimant evidence established a lawful source. The surrounding material, including the use of the premises for flesh trade and the conduct noticed during the raid, supported the inference that the assets were generated from illegal activity. On that basis, the cash and jewellery were treated as proceeds of crime under the Prevention of Money Laundering Act, and attachment was confirmed. en-us Wed, 13 Nov 2024 00:00:00 +0530 Thu, 16 Apr 2026 19:01:38 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=468105 Unsupported explanations for seized cash and jewellery were rejected where no receipts, bank trail, contemporaneous records, or claimant evidence established a lawful source. The surrounding material, including the use of the premises for flesh trade and the conduct noticed during the raid, supported the inference that the assets were generated from illegal activity. On that basis, the cash and jewellery were treated as proceeds of crime under the Prevention of Money Laundering Act, and attachment was confirmed. Case-Laws Money Laundering Wed, 13 Nov 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=468105