https://www.taxtmi.com/caselaws?id=151985 Under SAFEMA, a relative of the detenu falls within the statutory ambit of "person", and a clerical misdescription in the recorded reasons does not vitiate forfeiture proceedings where the factual basis is clear. Delay also did not defeat the action because no statutory limitation governed commencement. On merits, property named in the notice is presumed illegally acquired unless the affected person proves lawful source and rebuts the link with the detenu's assets. Income-tax material may be relevant, but it does not by itself discharge that burden. The appellant failed to explain the opening capital and investments, so forfeiture was substantially sustained, with only petty cash items excluded. en-us Fri, 19 Jun 1998 00:00:00 +0530 Thu, 20 Jun 2013 18:27:20 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=151985 Under SAFEMA, a relative of the detenu falls within the statutory ambit of "person", and a clerical misdescription in the recorded reasons does not vitiate forfeiture proceedings where the factual basis is clear. Delay also did not defeat the action because no statutory limitation governed commencement. On merits, property named in the notice is presumed illegally acquired unless the affected person proves lawful source and rebuts the link with the detenu's assets. Income-tax material may be relevant, but it does not by itself discharge that burden. The appellant failed to explain the opening capital and investments, so forfeiture was substantially sustained, with only petty cash items excluded. Case-Laws FEMA Fri, 19 Jun 1998 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=151985