https://www.taxtmi.com/caselaws?id=242422 The Tribunal partially allowed the appeal, setting aside the penalty for acknowledging a debt to M/s. Tewin Plastics Ltd., UK, due to lack of corroborative evidence. However, penalties for other violations were upheld, emphasizing the necessity of corroborative evidence and legal requirements for an acknowledgment of debt to establish enforceable rights. en-us Thu, 24 Feb 2011 00:00:00 +0530 Wed, 15 Jan 2014 10:21:59 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=242422 The Tribunal partially allowed the appeal, setting aside the penalty for acknowledging a debt to M/s. Tewin Plastics Ltd., UK, due to lack of corroborative evidence. However, penalties for other violations were upheld, emphasizing the necessity of corroborative evidence and legal requirements for an acknowledgment of debt to establish enforceable rights. Case-Laws FEMA Thu, 24 Feb 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=242422