https://www.taxtmi.com/caselaws?id=457817 Penalty for contravention of section 9(1)(b) of the Foreign Exchange Regulation Act, 1973 was upheld because the appellant admitted receipt of money through an unknown person on her husband's instructions and accepted the correctness of her recorded statement without retracting it. The adjudicating authority's factual findings were not effectively controverted, and the proceedings were decided on the existing record. In that setting, the Tribunal found no basis to interfere with the penalty and rejected the appeal. The separate contention based on section 164 of the Code of Criminal Procedure, 1973 was not examined further. en-us Thu, 10 Jun 1999 00:00:00 +0530 Fri, 27 Sep 2024 17:29:34 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=457817 Penalty for contravention of section 9(1)(b) of the Foreign Exchange Regulation Act, 1973 was upheld because the appellant admitted receipt of money through an unknown person on her husband's instructions and accepted the correctness of her recorded statement without retracting it. The adjudicating authority's factual findings were not effectively controverted, and the proceedings were decided on the existing record. In that setting, the Tribunal found no basis to interfere with the penalty and rejected the appeal. The separate contention based on section 164 of the Code of Criminal Procedure, 1973 was not examined further. Case-Laws FEMA Thu, 10 Jun 1999 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=457817