https://www.taxtmi.com/caselaws?id=428321 The court quashed the show cause notice and subsequent notices issued by the Enforcement Directorate, citing vagueness and lack of compliance with legal requirements. It was found that the petitioner, acting as power of attorney holder and legal counsel, could not be held liable for the alleged contravention of FEMA regulations. Emphasizing the applicability of Section 6(5) of FEMA, which allows for the transfer of inherited property, the court ruled in favor of the petitioner, disposing of the petition without costs. en-us Mon, 19 Sep 2022 00:00:00 +0530 Wed, 28 Sep 2022 09:23:47 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=428321 The court quashed the show cause notice and subsequent notices issued by the Enforcement Directorate, citing vagueness and lack of compliance with legal requirements. It was found that the petitioner, acting as power of attorney holder and legal counsel, could not be held liable for the alleged contravention of FEMA regulations. Emphasizing the applicability of Section 6(5) of FEMA, which allows for the transfer of inherited property, the court ruled in favor of the petitioner, disposing of the petition without costs. Case-Laws FEMA Mon, 19 Sep 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=428321