https://www.taxtmi.com/highlights?id=80811 Seizure of large quantity of counterfeit Indian currency notes, determining ingredients u/s 489B of IPC. Interpretation of 'possessing', 'traffic', and 'otherwise trafficking in' terms. Reliance on previous judgments regarding active transportation and burden of proof u/s 106 of Evidence Act when no explanation offered. Appellant found in possession of 71 fake Rs. 500 notes at public place, failed to explain manner of obtaining them. Conviction u/ss 489B and 489C upheld, sentences modified to 5 years RI and Rs. 10,000 fine for 489B, 3 years RI and Rs. 5,000 fine for 489C. Appeal partly allowed by reducing sentences without interfering with conviction order. en-us Fri, 30 Aug 2024 08:36:34 +0530 Fri, 30 Aug 2024 08:36:34 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=80811 Seizure of large quantity of counterfeit Indian currency notes, determining ingredients u/s 489B of IPC. Interpretation of 'possessing', 'traffic', and 'otherwise trafficking in' terms. Reliance on previous judgments regarding active transportation and burden of proof u/s 106 of Evidence Act when no explanation offered. Appellant found in possession of 71 fake Rs. 500 notes at public place, failed to explain manner of obtaining them. Conviction u/ss 489B and 489C upheld, sentences modified to 5 years RI and Rs. 10,000 fine for 489B, 3 years RI and Rs. 5,000 fine for 489C. Appeal partly allowed by reducing sentences without interfering with conviction order. Highlights Indian Laws Fri, 30 Aug 2024 08:36:34 +0530 https://www.taxtmi.com/highlights?id=80811