Agency reimbursement income follows contractual deposit-liability computation, while pending deposit collections do not constitute deemed-dividend loa...
Membership-consent thresholds for oppression petitions are satisfied by unchallenged voter-list consents, while unsupported forgery claims require pro...
FEMA adjudication requires the prescribed two-stage process: the adjudicating authority must form and communicate its opinion to hold an inquiry before granting a personal hearing. Non-compliance invalidated the adjudication order and consequential penalties, requiring fresh adjudication. Alleged FCCB contraventions also require consideration of the earlier RBI circular on eligibility to raise external commercial borrowings, alongside all relevant circulars and material. The matters were remitted for fresh determination after both sides received an opportunity.
FEMA adjudication requires the prescribed two-stage process: the adjudicating authority must form and communicate its opinion to hold an inquiry before granting a personal hearing. Non-compliance invalidated the adjudication order and consequential penalties, requiring fresh adjudication. Alleged FCCB contraventions also require consideration of the earlier RBI circular on eligibility to raise external commercial borrowings, alongside all relevant circulars and material. The matters were remitted for fresh determination after both sides received an opportunity.
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
TaxTMI 
of 4913 
