Acit, Cc-3,, Jaipur vs St.Wilfred Education Society, Jaipur on 2 January, 2020
vk
paid
an amount of Rs.8,00,000/- in Rs.500/- old currency notes cannot
be accepted. He has not produced any IT returns ... that he had Rs.8,00,000/- in the form of old currency notes of
Rs.500/- cannot be accepted. So it probablises the case
offered to pay the amount of
Rs.1.50 lacs in old currency, but he had refused to accept the same.
He denied that ... first, then Rs.1.50 lacs in old
currency, then Rs.1.50 lacs, then Rs.1.30 lacs through cheque, then
lost value and if at all, the old currency was with
anybody, the Central Government and RBI had provided an
opportunity to the respective holders ... remit the old currency to
the bank and convert it to new currency. Under such
circumstances, all the currency was handed over
20269/2012
11. Point No.2: Four old currency notes available Rs.1,000/
each which is all together marked as MO2 is seized from ... stands
cancelled.
MO1 being worthless is ordered to be destroyed.
MO2 old currency notes of value Rs.1,000/ X 4 =
4,000/ in total
including, inter
alia;
1. How much amount of old currency has been exchanged for new one
in Aggarwal Mandi Tatiri and Baaghpat Post office, Indian ... certified copies
of the same,
2. How many people have exchanged old currency for new one in
Aggarwal Mandi Tatiri and Baaghpat Post office, Indian
lacs was
done by him to the complainant in old currency notes and this amount
was arranged by him out of the sale consideration ... payment of
Rs.1.50 lacs to the complainant but in old currency notes, however,
this has been disputed by the complainant. Be that
petitioner situate at Babupura, Imphal West. The
CBI also found demonetized currency (old) notes
for a sum of Rs.61,100/-, however, the same were ... demonized currency notes for a sum of
Rs.49,000/- were seized from the house of the
petitioner situate at Thoubal Athokpam. On
27.2.2020, this
lakhs for exchanging new
currency notes for old currency notes for gain on commission
within the jurisdiction of Indrapalem Police Station, the petitioner
conspired with
bank book along with the
certificate from the bank certifying the old
currency notes deposited by the petitioners
during the period of demonetization.
3.8. According