https://www.taxtmi.com/caselaws?id=202417 The Court upheld the authorities' decision of absolute confiscation of seized currency without redemption, based on the petitioner's admission of carrying currency for monetary gain. The Court found the decisions well-founded, supported by valid reasons, and in line with the Customs Act. Despite the petitioner's arguments, referencing previous rulings, the Court dismissed the Writ Petition, affirming the confiscation. The judgment emphasized the nature of concealment and the petitioner's admission as key factors in the decision, ultimately closing the case without costs. en-us Mon, 13 Sep 2010 00:00:00 +0530 Mon, 31 Jan 2011 12:32:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=202417 The Court upheld the authorities' decision of absolute confiscation of seized currency without redemption, based on the petitioner's admission of carrying currency for monetary gain. The Court found the decisions well-founded, supported by valid reasons, and in line with the Customs Act. Despite the petitioner's arguments, referencing previous rulings, the Court dismissed the Writ Petition, affirming the confiscation. The judgment emphasized the nature of concealment and the petitioner's admission as key factors in the decision, ultimately closing the case without costs. Case-Laws Customs Mon, 13 Sep 2010 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=202417