https://www.taxtmi.com/caselaws?id=457572 The Tribunal upheld charges against the appellant for unauthorized foreign exchange transactions, failure to realize foreign exchange, and purchasing gold with foreign exchange proceeds, confirming violations of the FEM Act, 1999. However, charges concerning alleged activities in Bangladesh and China lacked evidence and were dismissed. The appeal was partly allowed, granting a partial penalty refund. en-us Wed, 20 Sep 2006 00:00:00 +0530 Mon, 23 Sep 2024 17:41:24 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=457572 The Tribunal upheld charges against the appellant for unauthorized foreign exchange transactions, failure to realize foreign exchange, and purchasing gold with foreign exchange proceeds, confirming violations of the FEM Act, 1999. However, charges concerning alleged activities in Bangladesh and China lacked evidence and were dismissed. The appeal was partly allowed, granting a partial penalty refund. Case-Laws FEMA Wed, 20 Sep 2006 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=457572