https://www.taxtmi.com/caselaws?id=252233 The Supreme Court set aside the High Court's judgment and the actions taken by the Enforcement Directorate against the appellant. The Court ordered the refund of the confiscated sum of Rs. 8,24,900/- and the penalty of Rs. 1,00,000/- imposed on the appellant, concluding that the evidence presented was insufficient to prove the charges beyond a reasonable doubt. en-us Fri, 10 Oct 2014 00:00:00 +0530 Fri, 06 Nov 2015 11:44:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=252233 The Supreme Court set aside the High Court's judgment and the actions taken by the Enforcement Directorate against the appellant. The Court ordered the refund of the confiscated sum of Rs. 8,24,900/- and the penalty of Rs. 1,00,000/- imposed on the appellant, concluding that the evidence presented was insufficient to prove the charges beyond a reasonable doubt. Case-Laws FEMA Fri, 10 Oct 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=252233