https://www.taxtmi.com/caselaws?id=457977 The Tribunal partially allowed the appeal, overturning the Adjudicating Officer's decision regarding the contravention of section 8(1) of the Foreign Exchange Regulation Act, 1973, and the associated Rs. 5,000 penalty. However, it upheld the charges under sections 9(1)(b) and 9(1)(d), maintaining the Rs. 20,000 penalty. The appellant must pay a total penalty of Rs. 20,000. en-us Thu, 21 Dec 1989 00:00:00 +0530 Tue, 01 Oct 2024 18:17:16 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=457977 The Tribunal partially allowed the appeal, overturning the Adjudicating Officer's decision regarding the contravention of section 8(1) of the Foreign Exchange Regulation Act, 1973, and the associated Rs. 5,000 penalty. However, it upheld the charges under sections 9(1)(b) and 9(1)(d), maintaining the Rs. 20,000 penalty. The appellant must pay a total penalty of Rs. 20,000. Case-Laws FEMA Thu, 21 Dec 1989 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=457977