Section 3, 4 – Code of Criminal Procedure, 1973 (2 of 1974), Section 482 – Money laundering case – Quashing of complaint -- Lack of identity of the source of collected money -- It could not be reasonably believed that the unaccounted money is connected with the commission of offence under PMLA -- Letter of the I.T. Department and the details, makes it clear that for the currency seized, the tax is already paid, therefore, it is not the quantum earned and used for money laundering – Chances to prove allegations in the Court are very bleak -- High Court by the impugned order has recorded the finding without due consideration of the letter of the I.T. Department and other material in right perspective -- Findings of the High Court cannot be sustained -- Appeal allowed, Complaint quashed.

(SC) Decided on: 05.05.2022