Political contribution deductions require genuine transactions; banking records and party registration alone cannot defeat evidence of accommodation e...
Post-death GST liability permits fresh proceedings against legal representatives, while discontinued-business recovery remains limited to the inherite...
Non-confirmation of FEMA seizure prevents adjudicators from overriding pending appellate findings on recorded reasons and suspected foreign asset hold...
The AT dismissed both appeals for non-compliance with the second proviso to Section 19(1) of FEMA, 1999. The Appellants failed to make the requisite pre-deposit of penalty amounts, did not apply for an extension of time, and produced no stay order or orders from any higher judicial forum to justify non-compliance. The record further showed an absence of communication between the Appellants and their counsel. On that basis the AT held the appeals to be non-maintainable and declined to entertain merits, resulting in outright dismissal of both appeals.
The AT dismissed both appeals for non-compliance with the second proviso to Section 19(1) of FEMA, 1999. The Appellants failed to make the requisite pre-deposit of penalty amounts, did not apply for an extension of time, and produced no stay order or orders from any higher judicial forum to justify non-compliance. The record further showed an absence of communication between the Appellants and their counsel. On that basis the AT held the appeals to be non-maintainable and declined to entertain merits, resulting in outright dismissal of both appeals.
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