https://www.taxtmi.com/caselaws?id=468142 Where movable and immovable assets are vastly disproportionate to known lawful income, the unexplained excess may be presumed to represent proceeds of crime, shifting the burden to the person in possession to justify the source of the assets. Exact separate quantification of the proceeds of crime is not invariably necessary, and failure to quantify them does not by itself invalidate attachment when the disproportion between assets and legitimate income is clear. On that reasoning, the challenge to confirmation of attachment failed and the attachment was upheld. en-us Thu, 27 Mar 2025 00:00:00 +0530 Fri, 17 Apr 2026 22:39:05 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=468142 Where movable and immovable assets are vastly disproportionate to known lawful income, the unexplained excess may be presumed to represent proceeds of crime, shifting the burden to the person in possession to justify the source of the assets. Exact separate quantification of the proceeds of crime is not invariably necessary, and failure to quantify them does not by itself invalidate attachment when the disproportion between assets and legitimate income is clear. On that reasoning, the challenge to confirmation of attachment failed and the attachment was upheld. Case-Laws Money Laundering Thu, 27 Mar 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=468142