https://www.taxtmi.com/caselaws?id=305317 The court issued notices and granted a stay on further proceedings in response to a notice under the Foreign Exchange Management Act, 1999 and Income Tax Act, 1961, requesting records dating back to 2010. The court acknowledged the practical challenges of maintaining records for such a long period and emphasized the need for a reasonable time frame. The case was scheduled for a returnable date, with notices to be given 'dasti' if requested, and was consolidated with similar matters for a comprehensive hearing, reflecting a balanced approach to the issues raised by the petitioner. en-us Fri, 20 Nov 2020 00:00:00 +0530 Tue, 29 Nov 2022 09:12:43 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=305317 The court issued notices and granted a stay on further proceedings in response to a notice under the Foreign Exchange Management Act, 1999 and Income Tax Act, 1961, requesting records dating back to 2010. The court acknowledged the practical challenges of maintaining records for such a long period and emphasized the need for a reasonable time frame. The case was scheduled for a returnable date, with notices to be given 'dasti' if requested, and was consolidated with similar matters for a comprehensive hearing, reflecting a balanced approach to the issues raised by the petitioner. Case-Laws FEMA Fri, 20 Nov 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=305317