While overruling a two-judge bench decision rendered in the case of MMTC Vs. Surjit Singh Kanda, the Delhi High Court has held that where the redemption fine in lieu of confiscation is not paid within the time stipulated, the Central Government is entitled to retain the excess auction sale proceeds of the confiscated goods, after […]
The post Govt can retain Sale Proceeds of Confiscated Goods If Redemption Fine Not Paid: Delhi HC appeared first on Taxscan | Simplifying Tax Laws.
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