https://www.taxtmi.com/highlights?id=104964 Under the PMLA, property acquired before a scheduled offence is not ordinarily directly derived from later criminal activity, but may be provisionally attached as the equivalent value of unavailable or dissipated proceeds of crime under the broader interpretation of the value limb. Attachment requires an identified scheduled offence, a reasoned assessment of illicit proceeds and equivalent value, and written reasons based on material showing a real risk that the property may be concealed, transferred or otherwise dealt with to frustrate confiscation. Income-tax disclosure is relevant but not conclusive. Statutory adjudication must allow the affected person to establish lawful source, challenge the asserted nexus and address valuation. en-us Wed, 14 Oct 2026 06:42:51 +0530 Wed, 14 Oct 2026 06:42:51 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=104964 Under the PMLA, property acquired before a scheduled offence is not ordinarily directly derived from later criminal activity, but may be provisionally attached as the equivalent value of unavailable or dissipated proceeds of crime under the broader interpretation of the value limb. Attachment requires an identified scheduled offence, a reasoned assessment of illicit proceeds and equivalent value, and written reasons based on material showing a real risk that the property may be concealed, transferred or otherwise dealt with to frustrate confiscation. Income-tax disclosure is relevant but not conclusive. Statutory adjudication must allow the affected person to establish lawful source, challenge the asserted nexus and address valuation. Highlights Money Laundering Wed, 14 Oct 2026 06:42:51 +0530 https://www.taxtmi.com/highlights?id=104964