https://www.taxtmi.com/caselaws?id=203407 The High Court upheld the Tribunal's decision to quash the order of confiscation and release the confiscated Indian currency. It was determined that the amounts seized were obtained through legitimate transactions and were not the sale proceeds of smuggled goods. The Court dismissed the appeal, ruling in favor of the respondent-LKP and against the Revenue. en-us Wed, 27 Jan 2010 00:00:00 +0530 Wed, 25 May 2011 01:31:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=203407 The High Court upheld the Tribunal's decision to quash the order of confiscation and release the confiscated Indian currency. It was determined that the amounts seized were obtained through legitimate transactions and were not the sale proceeds of smuggled goods. The Court dismissed the appeal, ruling in favor of the respondent-LKP and against the Revenue. Case-Laws FEMA Wed, 27 Jan 2010 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=203407