https://www.taxtmi.com/caselaws?id=183565 In exchange-control adjudication, corroborated statements and surrounding circumstances may establish that a remittance recipient was a non-resident, and the absence of the recipient's name in the show-cause notice caused no prejudice where the factual basis was otherwise clear. Prompt retraction, without supporting material, did not displace the evidentiary value of statements that were consistent on material particulars. A carrier who knowingly transports money for an unauthorised compensatory remittance is treated as participating in the prohibited transaction. Overheard conversation evidence, when corroborated by seizure and surrounding facts, was not treated as inadmissible hearsay, and there is no automatic right to cross-examination in such adjudication proceedings. en-us Thu, 10 Jul 1986 00:00:00 +0530 Tue, 14 Jun 2016 14:57:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=183565 In exchange-control adjudication, corroborated statements and surrounding circumstances may establish that a remittance recipient was a non-resident, and the absence of the recipient's name in the show-cause notice caused no prejudice where the factual basis was otherwise clear. Prompt retraction, without supporting material, did not displace the evidentiary value of statements that were consistent on material particulars. A carrier who knowingly transports money for an unauthorised compensatory remittance is treated as participating in the prohibited transaction. Overheard conversation evidence, when corroborated by seizure and surrounding facts, was not treated as inadmissible hearsay, and there is no automatic right to cross-examination in such adjudication proceedings. Case-Laws FEMA Thu, 10 Jul 1986 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=183565