https://www.taxtmi.com/caselaws?id=360967 The appellant appealed against a penalty imposed under FEMA for violating Section 3(a). The judgment highlighted the lack of evidence supporting the Enforcement Directorate's claims regarding the appellant's foreign travel expenses. It emphasized the burden of proof on the prosecution and the absence of a reverse evidentiary burden provision in FEMA. The appellant's defense, supported by affidavits, was disregarded, leading to a flawed decision. Ultimately, the penalty was deemed unwarranted, and the orders imposing it were set aside, allowing the appeal and disposing of the matter without costs. en-us Thu, 24 May 2018 00:00:00 +0530 Sat, 26 May 2018 07:59:30 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=360967 The appellant appealed against a penalty imposed under FEMA for violating Section 3(a). The judgment highlighted the lack of evidence supporting the Enforcement Directorate's claims regarding the appellant's foreign travel expenses. It emphasized the burden of proof on the prosecution and the absence of a reverse evidentiary burden provision in FEMA. The appellant's defense, supported by affidavits, was disregarded, leading to a flawed decision. Ultimately, the penalty was deemed unwarranted, and the orders imposing it were set aside, allowing the appeal and disposing of the matter without costs. Case-Laws FEMA Thu, 24 May 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=360967