https://www.taxtmi.com/caselaws?id=379749 An adjudicating authority cannot sustain a finding by enlarging the charge beyond the show-cause notice, as doing so breaches natural justice. In proceedings concerning alleged non-compliance with FEMA reporting requirements for issue of shares by a person resident outside India, the Tribunal found that the impugned order added a further contravention not specifically alleged in the notice and was therefore unsustainable to that extent. It also held that the penalty was excessive and not commensurate with the alleged technical contravention, so the penalty was reduced and modified under FEMA. en-us Wed, 24 Apr 2019 00:00:00 +0530 Tue, 07 May 2019 08:37:10 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=379749 An adjudicating authority cannot sustain a finding by enlarging the charge beyond the show-cause notice, as doing so breaches natural justice. In proceedings concerning alleged non-compliance with FEMA reporting requirements for issue of shares by a person resident outside India, the Tribunal found that the impugned order added a further contravention not specifically alleged in the notice and was therefore unsustainable to that extent. It also held that the penalty was excessive and not commensurate with the alleged technical contravention, so the penalty was reduced and modified under FEMA. Case-Laws FEMA Wed, 24 Apr 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=379749