https://www.taxtmi.com/manuals?id=6323 Forfeiture is characterised as a punitive deprivation of rights, privileges, or property consequent to a crime, offence, or breach of engagement; dictionary authorities and judicial pronouncements support treating forfeiture as a form of penalty distinct from a fine, with the precise penal or non penal nature to be determined in the specific statutory context, and legislative imposition of forfeiture viewed as punishment rather than mere transference of funds. en-us Mon, 09 Dec 2024 12:08:00 +0530 Thu, 26 Jun 2025 16:31:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/manuals?id=6323 Forfeiture is characterised as a punitive deprivation of rights, privileges, or property consequent to a crime, offence, or breach of engagement; dictionary authorities and judicial pronouncements support treating forfeiture as a form of penalty distinct from a fine, with the precise penal or non penal nature to be determined in the specific statutory context, and legislative imposition of forfeiture viewed as punishment rather than mere transference of funds. Manuals Indian Laws Mon, 09 Dec 2024 12:08:00 +0530 https://www.taxtmi.com/manuals?id=6323