https://www.taxtmi.com/caselaws?id=457857 The Chairman allowed the appeal, setting aside the impugned Adjudication Order under the Foreign Exchange Regulation Act, 1973, due to insufficient evidence. The decision highlighted the necessity for corroborative evidence beyond a retracted confessional statement and criticized the investigation's reliance on unsubstantiated claims, emphasizing proper procedural adherence in regulatory violation cases. en-us Mon, 23 Sep 1996 00:00:00 +0530 Sun, 29 Sep 2024 16:20:30 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=457857 The Chairman allowed the appeal, setting aside the impugned Adjudication Order under the Foreign Exchange Regulation Act, 1973, due to insufficient evidence. The decision highlighted the necessity for corroborative evidence beyond a retracted confessional statement and criticized the investigation's reliance on unsubstantiated claims, emphasizing proper procedural adherence in regulatory violation cases. Case-Laws FEMA Mon, 23 Sep 1996 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=457857