https://www.taxtmi.com/caselaws?id=195662 In SAFEMA forfeiture proceedings, the Delhi HC held that the competent authority must record meaningful reasons to believe based on relevant material showing a nexus between the properties and alleged illegal acquisition. A notice that merely repeats statutory language, without factual basis or prior inquiry where required, is unsustainable. The court also applied the preponderance of probabilities standard and found that long-standing business activity, tax disclosures, and other surrounding material provided a plausible lawful source of acquisition. By ignoring relevant income-tax, customs, and criminal court findings, the authorities vitiated their satisfaction. The forfeiture order and appellate affirmation were therefore set aside. en-us Fri, 14 Sep 2007 00:00:00 +0530 Tue, 07 Nov 2017 14:19:33 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=195662 In SAFEMA forfeiture proceedings, the Delhi HC held that the competent authority must record meaningful reasons to believe based on relevant material showing a nexus between the properties and alleged illegal acquisition. A notice that merely repeats statutory language, without factual basis or prior inquiry where required, is unsustainable. The court also applied the preponderance of probabilities standard and found that long-standing business activity, tax disclosures, and other surrounding material provided a plausible lawful source of acquisition. By ignoring relevant income-tax, customs, and criminal court findings, the authorities vitiated their satisfaction. The forfeiture order and appellate affirmation were therefore set aside. Case-Laws Indian Laws Fri, 14 Sep 2007 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=195662