https://www.taxtmi.com/caselaws?id=457417 A retracted confessional statement may still be relied upon where the maker fails to prove coercion or threat and the statement is independently corroborated by seized documents and surrounding circumstances; on that basis, liability for contravention was sustained. Denial of cross-examination of a co-noticee does not, by itself, amount to breach of natural justice unless a sufficient need for such examination is shown; the adjudication was therefore not vitiated. Although contravention of section 9(1)(b) of the Foreign Exchange Regulation Act, 1973 was upheld, the penalty was reduced in light of the long pendency and overall circumstances. en-us Fri, 09 Jan 2009 00:00:00 +0530 Thu, 19 Sep 2024 12:51:50 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=457417 A retracted confessional statement may still be relied upon where the maker fails to prove coercion or threat and the statement is independently corroborated by seized documents and surrounding circumstances; on that basis, liability for contravention was sustained. Denial of cross-examination of a co-noticee does not, by itself, amount to breach of natural justice unless a sufficient need for such examination is shown; the adjudication was therefore not vitiated. Although contravention of section 9(1)(b) of the Foreign Exchange Regulation Act, 1973 was upheld, the penalty was reduced in light of the long pendency and overall circumstances. Case-Laws FEMA Fri, 09 Jan 2009 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=457417