https://www.taxtmi.com/caselaws?id=457383 The Appellate Tribunal for Foreign Exchange dismissed the appeals due to non-compliance with the pre-deposit order under Section 19(1) of the FEM Act, 1999. The appellants, including a company and three individuals, failed to deposit the penalty amount required when filing an appeal. The Tribunal emphasized adherence to statutory obligations, rejecting any leniency, and upheld the dismissal based on the appellants' failure to comply with the pre-deposit requirement, underscoring the necessity of fulfilling legal obligations in penalty-related appeals. en-us Fri, 18 Sep 2009 00:00:00 +0530 Wed, 18 Sep 2024 15:03:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=457383 The Appellate Tribunal for Foreign Exchange dismissed the appeals due to non-compliance with the pre-deposit order under Section 19(1) of the FEM Act, 1999. The appellants, including a company and three individuals, failed to deposit the penalty amount required when filing an appeal. The Tribunal emphasized adherence to statutory obligations, rejecting any leniency, and upheld the dismissal based on the appellants' failure to comply with the pre-deposit requirement, underscoring the necessity of fulfilling legal obligations in penalty-related appeals. Case-Laws FEMA Fri, 18 Sep 2009 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=457383