Tax Management India. Com
Law and Practice  :  Digital eBook
Research is most exciting & rewarding
  TMI - Tax Management India. Com
Follow us:
  Facebook   Twitter   Linkedin   Telegram

TMI Blog

Home

2017 (4) TMI 140

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... ossession of the petitioner 1 kg. gold, which was being smuggled from Singapore to India has been recovered at the Airport. There is no evidence on record that the petitioner is a poor person. If the petitioner can travel by Air and can have 1 kg. gold, he cannot be said to be a poor person - petition lacks merit, deserves to be dismissed - petition dismissed - decided against petitioner. - Appli .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... akhs) is excessive and the same may be reduced. 4. On the other hand, learned counsel appearing for the opposite party has submitted that the petitioner was arrested on the spot and 1 kg. gold worth ₹ 31.00 lakhs has been recovered from his possession, therefore, the surety amount of ₹ 5.00 lakhs cannot be said to be excessive. 5. Certainly, the petitioner should have the knowled .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

 

 

 

 

Quick Updates:Latest Updates