https://www.taxtmi.com/caselaws?id=457925 The court allowed all four appeals, overturning the adjudication orders that imposed penalties under the Foreign Exchange Regulation Act, 1973, for alleged contraventions of section 9(1)(d). It found insufficient evidence to support the charges, emphasizing the necessity of proving payments made on behalf of a person residing outside India. Consequently, the court ordered the refund of any pre-deposit amounts to the appellants within a specified timeframe, highlighting the importance of adhering to statutory requirements for establishing violations. The applicability of the Amnesty Scheme was not addressed due to the resolution of the primary issue. en-us Wed, 29 Nov 1995 00:00:00 +0530 Mon, 30 Sep 2024 20:24:01 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=457925 The court allowed all four appeals, overturning the adjudication orders that imposed penalties under the Foreign Exchange Regulation Act, 1973, for alleged contraventions of section 9(1)(d). It found insufficient evidence to support the charges, emphasizing the necessity of proving payments made on behalf of a person residing outside India. Consequently, the court ordered the refund of any pre-deposit amounts to the appellants within a specified timeframe, highlighting the importance of adhering to statutory requirements for establishing violations. The applicability of the Amnesty Scheme was not addressed due to the resolution of the primary issue. Case-Laws FEMA Wed, 29 Nov 1995 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=457925