Prevention of money laundering act
m.karthikeyan
(Querist) 28 October 2024
This query is : Resolved
“proceeds of crime” —
property derived or obtained directly or indirectly by any person as a result of criminal activity relating to a scheduled offence; or value of any such property; or where such property is taken or held outside the country, the property equivalent in value held within the country or abroad.
Can anyone differentiate the meaning of "derived" or "obtained" in the above and also directly or indirectly
