https://www.taxtmi.com/caselaws?id=792735 Receipt and retention of enhanced compensation, obtained through reliance on unrelated proceedings and incorrect judicial references, was treated as money-laundering because the amounts were projected as lawful compensation. The Tribunal also held that "proceeds of crime" is wide enough to cover equivalent-value property where tainted assets are not traceable or have been dissipated, so ancestral or pre-existing properties could be provisionally attached on that basis. It further found the Section 5(1) threshold satisfied where material showed possession of proceeds of crime and a reasonable likelihood of concealment, transfer, or other dealings frustrating confiscation. The provisional attachment was upheld. en-us Tue, 21 Apr 2026 00:00:00 +0530 Wed, 03 Jun 2026 08:50:32 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=792735 Receipt and retention of enhanced compensation, obtained through reliance on unrelated proceedings and incorrect judicial references, was treated as money-laundering because the amounts were projected as lawful compensation. The Tribunal also held that "proceeds of crime" is wide enough to cover equivalent-value property where tainted assets are not traceable or have been dissipated, so ancestral or pre-existing properties could be provisionally attached on that basis. It further found the Section 5(1) threshold satisfied where material showed possession of proceeds of crime and a reasonable likelihood of concealment, transfer, or other dealings frustrating confiscation. The provisional attachment was upheld. Case-Laws Money Laundering Tue, 21 Apr 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=792735