https://www.taxtmi.com/caselaws?id=196280 Additional evidence may be received in appeal where the appellant gives a genuine explanation for earlier non-production and the material is necessary to avoid prejudice. On scrutiny of the later-produced sale deeds, income records, provident fund and bank documents, the Tribunal accepted that the movable and immovable properties were traceable to lawful sources such as agricultural income, salary savings, inherited holdings and business remittances. As the record showed lawful acquisition, the factual basis for forfeiture did not survive and the forfeiture order was set aside, with the properties released. en-us Thu, 16 Apr 2015 00:00:00 +0530 Fri, 24 Nov 2017 06:31:55 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=196280 Additional evidence may be received in appeal where the appellant gives a genuine explanation for earlier non-production and the material is necessary to avoid prejudice. On scrutiny of the later-produced sale deeds, income records, provident fund and bank documents, the Tribunal accepted that the movable and immovable properties were traceable to lawful sources such as agricultural income, salary savings, inherited holdings and business remittances. As the record showed lawful acquisition, the factual basis for forfeiture did not survive and the forfeiture order was set aside, with the properties released. Case-Laws FEMA Thu, 16 Apr 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=196280