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    Export-import foreign exchange rules consolidated into 2026 regulations, effective Oct 1, requiring dealer compliance and PRAVAAH reporting
    10% deposit ceiling in Section 19(1) vs NPA appellant's undue hardship; tribunal erred, alternatives required; appeal allowed
    Export payments by third parties under Reg.3(2) FEMA found contraventions for exports before 8 Nov 2013; s.42(1) penalties reduced
    Share transfers without prior RBI approval regularized by ex-post approval; penalties set aside for two appellants, Section 3(c) penalty sustained
    Exporters' mandatory EDF filing and AD-linked transmission, fixed export realisation periods and AD verification obligations
    Pre-deposit requirement for penalty appeals must consider undue hardship; mechanical 10% dismissal set aside and modified
    Unlawful outward remittances via Hawala using proforma invoices and electronic records proved; documents admitted, directors penalised, penalties redu...
    Seized demat accounts substituted by fixed deposit to secure alleged foreign exchange contravention; seizure lifted pending adjudication
    Guarantees involving persons resident outside India: Foreign Exchange Management (Guarantees) Regulations, 2026 impose mandatory reporting to AD banks
    FCRA registration denial over foreign contribution receipt, transfers and 'religious' tag set aside; fresh notice and reconsideration ordered
    Enforcement of foreign arbitral awards: limitation and res judicata upheld; veil pierced only for diverted assets, awards treated decrees.
    Property transaction challenged for FERA breach and missing RBI approval; writ review barred after civil suit findings, appeal dismissed
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Acts Income Tax