https://www.taxtmi.com/caselaws?id=457569 A retracted confession may sustain liability where it is corroborated by independent documentary and circumstantial evidence, and a bare allegation of coercion does not discharge the burden of proving duress. The tribunal found admissions that the appellant had made payments to persons outside India and borrowed foreign currency abroad, and it accepted corroboration from documents and the appellant's own agents. On that basis, the contraventions of the foreign exchange law were established and the penalty was upheld. en-us Thu, 05 Oct 2006 00:00:00 +0530 Mon, 23 Sep 2024 17:23:55 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=457569 A retracted confession may sustain liability where it is corroborated by independent documentary and circumstantial evidence, and a bare allegation of coercion does not discharge the burden of proving duress. The tribunal found admissions that the appellant had made payments to persons outside India and borrowed foreign currency abroad, and it accepted corroboration from documents and the appellant's own agents. On that basis, the contraventions of the foreign exchange law were established and the penalty was upheld. Case-Laws FEMA Thu, 05 Oct 2006 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=457569