https://www.taxtmi.com/caselaws?id=800931 Attachment under the Prevention of Money Laundering Act, 2002 may extend to property connected with proceeds of crime even where its holder is not accused of the predicate offence. Financial statements, banking records, cash deposits, seized assets and unexplained currency may establish the required nexus and support reason to believe. Claimed lawful sources, including sale proceeds, inheritance, disclosed income and housing loans, must substantiate acquisition; loans cannot validate tainted funds merely by giving them an apparent legitimate form. Property representing equivalent value may be attached where tainted property is unavailable or unidentifiable. en-us Thu, 29 Jan 2026 00:00:00 +0530 Wed, 14 Oct 2026 06:17:15 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=800931 Attachment under the Prevention of Money Laundering Act, 2002 may extend to property connected with proceeds of crime even where its holder is not accused of the predicate offence. Financial statements, banking records, cash deposits, seized assets and unexplained currency may establish the required nexus and support reason to believe. Claimed lawful sources, including sale proceeds, inheritance, disclosed income and housing loans, must substantiate acquisition; loans cannot validate tainted funds merely by giving them an apparent legitimate form. Property representing equivalent value may be attached where tainted property is unavailable or unidentifiable. Case-Laws Money Laundering Thu, 29 Jan 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=800931