https://www.taxtmi.com/caselaws?id=791443 Attachment under money-laundering law was sustained where the Tribunal found prima facie material linking the property to proceeds of crime, including the funding trail, direct payment to the development authority, and the share-purchase arrangement. The appellant's alternative calculations based on later receipts and alleged third-party payments were rejected as unsupported or irrelevant. The Tribunal also held that the statutory presumption and reverse burden applied once prima facie material existed, and that the notice and adjudicatory process were adequate. It further found that the attachment order disclosed sufficient reasons to believe and was neither non-speaking nor mechanical. en-us Mon, 20 Apr 2026 00:00:00 +0530 Tue, 12 May 2026 08:50:30 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=791443 Attachment under money-laundering law was sustained where the Tribunal found prima facie material linking the property to proceeds of crime, including the funding trail, direct payment to the development authority, and the share-purchase arrangement. The appellant's alternative calculations based on later receipts and alleged third-party payments were rejected as unsupported or irrelevant. The Tribunal also held that the statutory presumption and reverse burden applied once prima facie material existed, and that the notice and adjudicatory process were adequate. It further found that the attachment order disclosed sufficient reasons to believe and was neither non-speaking nor mechanical. Case-Laws Money Laundering Mon, 20 Apr 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=791443