https://www.taxtmi.com/caselaws?id=791382 In proceedings under the money-laundering law, the statutory presumption operated where the appellants were linked to the underlying offence and could not prove a lawful source for the attached properties. Their explanation that the properties were acquired from agriculture income or salary contribution was rejected because no bank statements, tax returns, or other supporting material were produced. The Tribunal found that the reverse burden was not discharged and that there was no reliable basis to dislodge the finding that the properties were connected with proceeds of crime. The confirmation of provisional attachment therefore remained undisturbed. en-us Thu, 16 Apr 2026 00:00:00 +0530 Mon, 11 May 2026 09:50:54 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=791382 In proceedings under the money-laundering law, the statutory presumption operated where the appellants were linked to the underlying offence and could not prove a lawful source for the attached properties. Their explanation that the properties were acquired from agriculture income or salary contribution was rejected because no bank statements, tax returns, or other supporting material were produced. The Tribunal found that the reverse burden was not discharged and that there was no reliable basis to dislodge the finding that the properties were connected with proceeds of crime. The confirmation of provisional attachment therefore remained undisturbed. Case-Laws Money Laundering Thu, 16 Apr 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=791382