https://www.taxtmi.com/highlights?id=72465 Smuggling - seizure of foreign currency - Beneficial owner of the currency - The proceedings emanating from the SCN in question stood restricted to the business travel of the respondent while acting as a Managing Director of HMC. - Tribunal has rightly come to the conclusion that the respondent could not be held to be the beneficial owner of the seized currency. - HC en-us Tue, 10 Oct 2023 11:17:37 +0530 Tue, 10 Oct 2023 11:17:37 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=72465 Smuggling - seizure of foreign currency - Beneficial owner of the currency - The proceedings emanating from the SCN in question stood restricted to the business travel of the respondent while acting as a Managing Director of HMC. - Tribunal has rightly come to the conclusion that the respondent could not be held to be the beneficial owner of the seized currency. - HC Highlights Customs Tue, 10 Oct 2023 11:17:37 +0530 https://www.taxtmi.com/highlights?id=72465