https://www.taxtmi.com/highlights?id=78475 The Appellate Tribunal considered a case involving contravention of section 9(1)(f)(i) of FERA 1973. The appellant argued lack of material and violation of natural justice, requesting cross-examination of Sudhir Kapadia. The order lacked evidence linking the appellant to the alleged contravention. Sudhir Kapadia's statement was the sole basis, but he retracted it. The appellant was denied the opportunity to cross-examine him. The Tribunal found insufficient evidence against the appellant and set aside the order, highlighting the need for proper evidence and fair procedure. en-us Fri, 14 Jun 2024 07:37:54 +0530 Fri, 14 Jun 2024 07:37:54 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=78475 The Appellate Tribunal considered a case involving contravention of section 9(1)(f)(i) of FERA 1973. The appellant argued lack of material and violation of natural justice, requesting cross-examination of Sudhir Kapadia. The order lacked evidence linking the appellant to the alleged contravention. Sudhir Kapadia's statement was the sole basis, but he retracted it. The appellant was denied the opportunity to cross-examine him. The Tribunal found insufficient evidence against the appellant and set aside the order, highlighting the need for proper evidence and fair procedure. Highlights FEMA Fri, 14 Jun 2024 07:37:54 +0530 https://www.taxtmi.com/highlights?id=78475