https://www.taxtmi.com/caselaws?id=457687 The Tribunal partially allowed the appeal, quashing the penalty against the partner but upholding it against the partnership firm for failing to repatriate export proceeds under FERA, 1973. The Tribunal found the penalty amount reasonable and granted the firm 60 days to deposit the remaining penalty, allowing respondents to recover if unpaid. en-us Tue, 13 Jul 2004 00:00:00 +0530 Wed, 25 Sep 2024 18:44:02 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=457687 The Tribunal partially allowed the appeal, quashing the penalty against the partner but upholding it against the partnership firm for failing to repatriate export proceeds under FERA, 1973. The Tribunal found the penalty amount reasonable and granted the firm 60 days to deposit the remaining penalty, allowing respondents to recover if unpaid. Case-Laws FEMA Tue, 13 Jul 2004 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=457687