https://www.taxtmi.com/caselaws?id=457850 The Tribunal waived the pre-deposit requirement, finding procedural violations in the adjudication process, including lack of personal hearings and improper service of show-cause notices. It set aside penalties for alleged contraventions of the Foreign Exchange Regulation Act, 1973, due to insufficient evidence of non-resident status and compliance with necessary approvals. The Tribunal concluded that all penalties were unjustified, allowing all appeals, and exonerating the appellants of all charges. en-us Thu, 10 Jul 1997 00:00:00 +0530 Sun, 29 Sep 2024 16:20:30 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=457850 The Tribunal waived the pre-deposit requirement, finding procedural violations in the adjudication process, including lack of personal hearings and improper service of show-cause notices. It set aside penalties for alleged contraventions of the Foreign Exchange Regulation Act, 1973, due to insufficient evidence of non-resident status and compliance with necessary approvals. The Tribunal concluded that all penalties were unjustified, allowing all appeals, and exonerating the appellants of all charges. Case-Laws FEMA Thu, 10 Jul 1997 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=457850