TaxTMI Login
Just a moment...
Press 'Enter' to add multiple search terms. Rules for Better Search
of 
of 
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
of of 
All Highlights
of of All Highlights
Note
Bookmark
Share
Don't have an account? Register Here
of HC upheld the Adjudicating Authority's opinion formation under Rule 4(3) of FEMA Rules against M/s. Xiaomi Technology India Private Limited regarding unauthorized royalty payments to group entities and Qualcomm without RBI approval. The court declined to interfere with the opinion formation stage, holding that strong suspicion suffices for proceeding to adjudication, and detailed reasoning is not mandatorily required at this preliminary stage. However, HC directed respondents to furnish complete investigation records including non-relied documents and missing pages to enable effective defense during adjudication proceedings under Rule 4(4). The writ petitions were disposed of with directions for document disclosure while allowing adjudication to proceed.
TaxTMI 
TaxTMI 
