https://www.taxtmi.com/caselaws?id=244271 FERA adjudication must comply with the statutory requirement of reasonable opportunity, including cross-examination where witness statements are relied upon; denial of that opportunity was treated as a violation of fair hearing and vitiated the proceedings. The penalty also could not be sustained on retracted confessional statements alone, because such statements require proof of voluntariness and material corroboration by reliable independent evidence. Where the alleged recoveries and slips were not independently linked to the noticees and the attribution of seized currency was doubtful, the contravention was held unproved and the orders were set aside. en-us Wed, 19 Feb 2014 00:00:00 +0530 Thu, 04 Feb 2016 13:07:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=244271 FERA adjudication must comply with the statutory requirement of reasonable opportunity, including cross-examination where witness statements are relied upon; denial of that opportunity was treated as a violation of fair hearing and vitiated the proceedings. The penalty also could not be sustained on retracted confessional statements alone, because such statements require proof of voluntariness and material corroboration by reliable independent evidence. Where the alleged recoveries and slips were not independently linked to the noticees and the attribution of seized currency was doubtful, the contravention was held unproved and the orders were set aside. Case-Laws FEMA Wed, 19 Feb 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=244271