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Management of confiscated property under sub-section (1) of section 28

Rule 8 - Rule - Other Direct Tax / Income Tax - Rule 8 - 8. .-(1) Where the property confiscated is of such a nature that its removal from the place of attachment is impracticable or its removal involves expenditure out of proportion to the value of .....

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es, the Administrator shall cause to deposit them for safe custody in the nearest Government Treasury or a branch of the Reserve Bank of India or the State Bank of India or its subsidiaries or in any authorised bank. (3) The Administrator shall maint .....

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