https://www.taxtmi.com/article/detailed?id=11507 The court upheld the statutory seizure and confiscation mechanism introduced to address undisclosed foreign-held assets, noting the provision was enacted after focused investigations and legislative scrutiny. The decision emphasises that seizure operates as an interim coercive measure rather than final adjudication, and that post-seizure procedures and an appellate remedy remain available to the affected party. en-us Sat, 17 Jun 2023 08:14:09 +0530 Sat, 17 Jun 2023 08:14:09 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=11507 The court upheld the statutory seizure and confiscation mechanism introduced to address undisclosed foreign-held assets, noting the provision was enacted after focused investigations and legislative scrutiny. The decision emphasises that seizure operates as an interim coercive measure rather than final adjudication, and that post-seizure procedures and an appellate remedy remain available to the affected party. Articles FEMA - Foreign Exchange Management Sat, 17 Jun 2023 08:14:09 +0530 https://www.taxtmi.com/article/detailed?id=11507