https://www.taxtmi.com/caselaws?id=83545 A claimant seeking release of seized Indian currency must establish lawful title and a credible source for the cash; belated affidavits and unexplained entries in the accounts were insufficient, so release was denied. Penalty for alleged abetment of smuggling in respect of sale proceeds of smuggled silver requires proof linking the person to the smuggling activity and to knowing possession of the proceeds; where the currency was found in shared hotel rooms and the evidence did not satisfactorily establish such linkage, the penalty was held unsustainable. The resulting position was that release of the currency was refused while the deletion of the personal penalty was maintained. en-us Tue, 16 Aug 1994 00:00:00 +0530 Thu, 14 Jul 2011 11:10:46 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=83545 A claimant seeking release of seized Indian currency must establish lawful title and a credible source for the cash; belated affidavits and unexplained entries in the accounts were insufficient, so release was denied. Penalty for alleged abetment of smuggling in respect of sale proceeds of smuggled silver requires proof linking the person to the smuggling activity and to knowing possession of the proceeds; where the currency was found in shared hotel rooms and the evidence did not satisfactorily establish such linkage, the penalty was held unsustainable. The resulting position was that release of the currency was refused while the deletion of the personal penalty was maintained. Case-Laws Customs Tue, 16 Aug 1994 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=83545