https://www.taxtmi.com/caselaws?id=792539 Property acquired during the crime period, without proof of a lawful source, may be treated as proceeds of crime for provisional attachment under the Prevention of Money Laundering Act, 2002. The document applies Section 2(1)(u) broadly and notes that where direct proceeds are not traceable, property of equivalent value may also be proceeded against. On the stated facts, the purchase dates coincided with the period of involvement in the scheduled offence and the challenge based on earlier acquisition failed, so the provisional attachment was sustained. en-us Tue, 21 Apr 2026 00:00:00 +0530 Sat, 30 May 2026 08:29:32 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=792539 Property acquired during the crime period, without proof of a lawful source, may be treated as proceeds of crime for provisional attachment under the Prevention of Money Laundering Act, 2002. The document applies Section 2(1)(u) broadly and notes that where direct proceeds are not traceable, property of equivalent value may also be proceeded against. On the stated facts, the purchase dates coincided with the period of involvement in the scheduled offence and the challenge based on earlier acquisition failed, so the provisional attachment was sustained. Case-Laws Money Laundering Tue, 21 Apr 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=792539