https://www.taxtmi.com/caselaws?id=790013 A defective land-sale agreement with altered signatures could not displace the registered sale deed, so the excess amount received over the recorded consideration was treated as funds traceable to the alleged tainted money and the attachment on that transaction was sustained. The Tribunal also stated that proceeds of crime under the PMLA include not only property directly or indirectly derived from criminal activity but also its equivalent value, allowing attachment where the tainted asset is unavailable. On that basis, retention of balance amounts after cancellation of a 9-acre transaction remained attachable, and even property acquired earlier could be proceeded against as alternative attachable property to protect the victim's interest. en-us Thu, 24 Jul 2025 00:00:00 +0530 Sat, 18 Apr 2026 08:21:58 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=790013 A defective land-sale agreement with altered signatures could not displace the registered sale deed, so the excess amount received over the recorded consideration was treated as funds traceable to the alleged tainted money and the attachment on that transaction was sustained. The Tribunal also stated that proceeds of crime under the PMLA include not only property directly or indirectly derived from criminal activity but also its equivalent value, allowing attachment where the tainted asset is unavailable. On that basis, retention of balance amounts after cancellation of a 9-acre transaction remained attachable, and even property acquired earlier could be proceeded against as alternative attachable property to protect the victim's interest. Case-Laws Money Laundering Thu, 24 Jul 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=790013