https://www.taxtmi.com/caselaws?id=152035 A revocation of a detention order by the detaining authority under COFEPOSA is not treated as a judicial setting aside or quashing for excluding a person from forfeiture proceedings. The protective provisos to the forfeiture statute apply only in the situations expressly stated, so revocation simpliciter does not defeat applicability of the law. On merits, properties linked to the detenu were held liable to forfeiture where lawful acquisition was not proved and the income-tax material supported use of undisclosed income. The hotel property received only limited statutory protection because part of the investment was explained, leaving a quantified unexplained balance subject to conditional relief. en-us Thu, 07 Dec 1995 00:00:00 +0530 Sat, 22 Jun 2013 10:15:17 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=152035 A revocation of a detention order by the detaining authority under COFEPOSA is not treated as a judicial setting aside or quashing for excluding a person from forfeiture proceedings. The protective provisos to the forfeiture statute apply only in the situations expressly stated, so revocation simpliciter does not defeat applicability of the law. On merits, properties linked to the detenu were held liable to forfeiture where lawful acquisition was not proved and the income-tax material supported use of undisclosed income. The hotel property received only limited statutory protection because part of the investment was explained, leaving a quantified unexplained balance subject to conditional relief. Case-Laws FEMA Thu, 07 Dec 1995 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=152035