https://www.taxtmi.com/caselaws?id=153359 Denial of cross-examination did not vitiate the proceedings where the finding was independently supported by the appellant's own admissions and corroborating documentary evidence. The Court also held that a retracted statement can still be treated as voluntary and reliable when its timing, internal detail, later affirmation, and surrounding circumstances show no inducement, threat, or coercion. On that basis, contravention of foreign exchange restrictions was established, and the confiscation of currency together with the reduced penalty were upheld. en-us Thu, 09 Apr 2009 00:00:00 +0530 Tue, 11 Nov 2014 15:03:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=153359 Denial of cross-examination did not vitiate the proceedings where the finding was independently supported by the appellant's own admissions and corroborating documentary evidence. The Court also held that a retracted statement can still be treated as voluntary and reliable when its timing, internal detail, later affirmation, and surrounding circumstances show no inducement, threat, or coercion. On that basis, contravention of foreign exchange restrictions was established, and the confiscation of currency together with the reduced penalty were upheld. Case-Laws FEMA Thu, 09 Apr 2009 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=153359