https://www.taxtmi.com/caselaws?id=297243 Under the foreign exchange statutes, an appeal filed by the Central Government through the Enforcement Directorate was maintainable, because the statutory right of appeal was exercised by the Government and not by the adjudicating authority in its own name. On merits, the Tribunal's reversal of contravention findings and penalties was sustained because the documentary record rebutted the presumptions of illegal possession and culpable state, and the alleged confessional statements were retracted and not shown to be voluntary. The HC held that these findings were not perverse and that no substantial question of law arose, so interference was unwarranted. en-us Tue, 21 Apr 2009 00:00:00 +0530 Tue, 24 Aug 2021 14:36:04 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=297243 Under the foreign exchange statutes, an appeal filed by the Central Government through the Enforcement Directorate was maintainable, because the statutory right of appeal was exercised by the Government and not by the adjudicating authority in its own name. On merits, the Tribunal's reversal of contravention findings and penalties was sustained because the documentary record rebutted the presumptions of illegal possession and culpable state, and the alleged confessional statements were retracted and not shown to be voluntary. The HC held that these findings were not perverse and that no substantial question of law arose, so interference was unwarranted. Case-Laws FEMA Tue, 21 Apr 2009 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=297243