https://www.taxtmi.com/caselaws?id=237276 The High Court allowed the appeals, quashing the order passed by the Appellate Tribunal for Foreign Exchange. The Court emphasized the need for judicial discipline and consistency, the duty to follow CESTAT orders, and the importance of adhering to Supreme Court judgments. The Court also highlighted the procedural requirements under Section 49(3) of FEMA and the principles of natural justice, particularly the right to cross-examine witnesses. The Court found that the Tribunal's order traveled beyond the scope of the show cause notice and was not consistent with prior decisions and established legal principles. en-us Wed, 17 Jul 2013 00:00:00 +0530 Mon, 23 Sep 2013 09:25:24 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=237276 The High Court allowed the appeals, quashing the order passed by the Appellate Tribunal for Foreign Exchange. The Court emphasized the need for judicial discipline and consistency, the duty to follow CESTAT orders, and the importance of adhering to Supreme Court judgments. The Court also highlighted the procedural requirements under Section 49(3) of FEMA and the principles of natural justice, particularly the right to cross-examine witnesses. The Court found that the Tribunal's order traveled beyond the scope of the show cause notice and was not consistent with prior decisions and established legal principles. Case-Laws FEMA Wed, 17 Jul 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=237276