https://www.taxtmi.com/caselaws?id=114053 The court upheld the findings of the adjudicating authority and the Appellate Tribunal, confirming the penalty and confiscation imposed on the appellant. The appellant failed to discharge the burden of proof under Section 71(3) of FERA, and the retracted confessional statement, corroborated by independent evidence, was deemed admissible. en-us Wed, 29 Apr 2009 00:00:00 +0530 Mon, 10 Nov 2014 12:54:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=114053 The court upheld the findings of the adjudicating authority and the Appellate Tribunal, confirming the penalty and confiscation imposed on the appellant. The appellant failed to discharge the burden of proof under Section 71(3) of FERA, and the retracted confessional statement, corroborated by independent evidence, was deemed admissible. Case-Laws FEMA Wed, 29 Apr 2009 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=114053