TMI BlogSAFEMFOPA-Auction of properties forfeited u/s7.X X X X Extracts X X X X X X X X Extracts X X X X ..... reign 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 in certain cases. ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... missioners 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, 1976. 3. This ma ..... X X X X Extracts X X X X X X X X Extracts X X X X
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