https://www.taxtmi.com/caselaws?id=457974 Statements recorded by the Enforcement Officer were treated as voluntary and reliable because the later reply did not allege threat or duress, and the claimed misunderstanding was only attributed to limited English knowledge. Corroboration from the mahazar and surrounding materials supported the admissions, and a mere affidavit could not displace the statement. On that basis, receipt of amounts on behalf of a person resident outside India and payments made in India were established, the burden regarding use of an unauthorised channel was held discharged by the record, and the finding of contravention under the Foreign Exchange Regulation Act, 1973, together with penalty and confiscation, was sustained. en-us Mon, 07 Sep 1992 00:00:00 +0530 Tue, 01 Oct 2024 18:17:16 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=457974 Statements recorded by the Enforcement Officer were treated as voluntary and reliable because the later reply did not allege threat or duress, and the claimed misunderstanding was only attributed to limited English knowledge. Corroboration from the mahazar and surrounding materials supported the admissions, and a mere affidavit could not displace the statement. On that basis, receipt of amounts on behalf of a person resident outside India and payments made in India were established, the burden regarding use of an unauthorised channel was held discharged by the record, and the finding of contravention under the Foreign Exchange Regulation Act, 1973, together with penalty and confiscation, was sustained. Case-Laws FEMA Mon, 07 Sep 1992 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=457974