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SAFEMFOPA-Auction of properties forfeited u/s7.

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Full Text of the Document

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....ed: January 17, 1991 Section 7 of the Smugglers and Foreign Exchange Manipulators (Forfeiture of Property) Act, 1976 provides that the Competent Authority may pass an order for the forfeiture of pr....

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Full Text of the Document

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....s in Chapter XXC of the Income tax Act. This said Chief Commissioners of Income tax will inform the Board within a month of such sale of properties forfeited under the Smugglers and Foreign Exchange M....

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