https://www.taxtmi.com/caselaws?id=73899 Section 121 confiscation of Indian currency requires acceptable direct or circumstantial evidence establishing that it represents sale proceeds of contraband gold; uncertainty regarding the money's source alone cannot support a penal inference, and lack of proof requires benefit of doubt. A licensed dealer's statutory restriction to specified premises under the Gold (Control) Act does not support fine or penalty where an operative High Court interim order permits transactions through travelling salesmen. The stated conclusions treat the currency confiscation, fine and penalties as unsustainable because evidentiary proof was lacking and the transactions were covered by the interim permission. en-us Fri, 12 Aug 1988 00:00:00 +0530 Sat, 04 Jun 2011 12:51:57 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=73899 Section 121 confiscation of Indian currency requires acceptable direct or circumstantial evidence establishing that it represents sale proceeds of contraband gold; uncertainty regarding the money's source alone cannot support a penal inference, and lack of proof requires benefit of doubt. A licensed dealer's statutory restriction to specified premises under the Gold (Control) Act does not support fine or penalty where an operative High Court interim order permits transactions through travelling salesmen. The stated conclusions treat the currency confiscation, fine and penalties as unsustainable because evidentiary proof was lacking and the transactions were covered by the interim permission. Case-Laws Customs Fri, 12 Aug 1988 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=73899