For the purposes of Section 68L of the NDPS Act, 1985, "illegally acquired property" in relation to…
The Explanation to section 68L NDPS Act treats trust property as "illegally acquired property" if it would have been such property had it continued to be held by the author…
Choose your answer
For the purposes of Section 68L of the NDPS Act, 1985, "illegally acquired property" in relation to property held in trust includes:
Answer and explanation
Correct answer C
The Explanation to section 68L NDPS Act treats trust property as "illegally acquired property" if it would have been such property had it continued to be held by the author of the trust or the contributor. Lawful gifts, inheritances and property merely held for charity are not caught for that reason alone.