https://www.taxtmi.com/caselaws?id=457728 In quasi-criminal foreign exchange penalty proceedings, the department must prove the alleged contravention by reliable and cogent evidence of the actual acquisition or receipt of foreign exchange without permission. A certificate or uncorroborated document, standing alone, was held insufficient, and the record did not satisfactorily establish the charge. The penalty therefore could not be sustained, the appeals succeeded, the penalty order was set aside, and the deposited amounts were directed to be refunded. en-us Fri, 31 Jan 2003 00:00:00 +0530 Thu, 26 Sep 2024 16:42:39 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=457728 In quasi-criminal foreign exchange penalty proceedings, the department must prove the alleged contravention by reliable and cogent evidence of the actual acquisition or receipt of foreign exchange without permission. A certificate or uncorroborated document, standing alone, was held insufficient, and the record did not satisfactorily establish the charge. The penalty therefore could not be sustained, the appeals succeeded, the penalty order was set aside, and the deposited amounts were directed to be refunded. Case-Laws FEMA Fri, 31 Jan 2003 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=457728