https://www.taxtmi.com/highlights?id=62774 Smuggling - foreign currency - illicit export of currency - beneficial owners - The actual owner of the foreign currency having been identified, the concept of ‘beneficial owner’ does not arise. The Commissioner (Appeals), therefore, was not justified in reversing the finding recorded by the Additional Commissioner that the concept of ‘beneficial owner’ would not arise in the facts and circumstances of the case. - AT en-us Tue, 05 Apr 2022 09:07:57 +0530 Tue, 05 Apr 2022 09:07:57 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=62774 Smuggling - foreign currency - illicit export of currency - beneficial owners - The actual owner of the foreign currency having been identified, the concept of ‘beneficial owner’ does not arise. The Commissioner (Appeals), therefore, was not justified in reversing the finding recorded by the Additional Commissioner that the concept of ‘beneficial owner’ would not arise in the facts and circumstances of the case. - AT Highlights Customs Tue, 05 Apr 2022 09:07:57 +0530 https://www.taxtmi.com/highlights?id=62774