https://www.taxtmi.com/caselaws?id=112509 An appeal filed under the FEMA, 1999 regime had to be assessed under the limitation and condonation framework then in force, not under the repealed FERA, 1973 limitation provision. The Appellate Authority erred by treating the appeal as time-barred solely by reference to section 52 of FERA and by failing to consider the power to condone delay under section 19 of FEMA on sufficient cause. The attempt to treat the matter as a revision did not change that position because the filing was already beyond the relevant period. The matter was remitted for fresh consideration of limitation under the correct statutory framework. en-us Wed, 06 May 2009 00:00:00 +0530 Sun, 09 Nov 2014 22:42:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=112509 An appeal filed under the FEMA, 1999 regime had to be assessed under the limitation and condonation framework then in force, not under the repealed FERA, 1973 limitation provision. The Appellate Authority erred by treating the appeal as time-barred solely by reference to section 52 of FERA and by failing to consider the power to condone delay under section 19 of FEMA on sufficient cause. The attempt to treat the matter as a revision did not change that position because the filing was already beyond the relevant period. The matter was remitted for fresh consideration of limitation under the correct statutory framework. Case-Laws Companies Law Wed, 06 May 2009 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=112509