SAFEMFOPA-Auction of properties forfeited u/s7.

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..... e Smugglers and Foreign Exchange Manipulators (Forfeiture of Property) Act, 1976 provides that the Competent Authority may pass an order for the forfeiture of property belonging to the affected person .....

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..... 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 Manipulators (Forfeiture of Property) Act .....

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