Statutory transfer formalities invalidated alleged share and property transfers, while retrospective record manipulation constituted oppression and mi...
Provisional attachment of laundered funds and equivalent-value property sustained, with statutory protection limited to pension, gratuity and providen...
Insolvency moratorium does not shield company officers from cheque dishonour prosecution for liability arising before corporate insolvency proceedings...
Section 123 places the burden on a person found in conscious possession of notified gold to establish lawful importation or acquisition. Where no lawful-source evidence is produced and surrounding material supports illicit origin, gold may be absolutely confiscated under customs law. Currency may be confiscated as sale proceeds where investigation material links it to prior sales of smuggled gold. Penalties for knowingly dealing in smuggled goods require evidence of conscious involvement. Mere familial relationship, awareness of another's conduct, employment, or routine work instructions do not establish abetment or liability without independent corroboration of knowledge, active participation or complicity.
Section 123 places the burden on a person found in conscious possession of notified gold to establish lawful importation or acquisition. Where no lawful-source evidence is produced and surrounding material supports illicit origin, gold may be absolutely confiscated under customs law. Currency may be confiscated as sale proceeds where investigation material links it to prior sales of smuggled gold. Penalties for knowingly dealing in smuggled goods require evidence of conscious involvement. Mere familial relationship, awareness of another's conduct, employment, or routine work instructions do not establish abetment or liability without independent corroboration of knowledge, active participation or complicity.
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
of 4782
Join Channel
TaxTMI 
