https://www.taxtmi.com/caselaws?id=457967 The tribunal allowed the appeal, determining that the appellant did not contravene Sections 8(1), 14, or 47 of the Foreign Exchange Regulation Act, 1973. It concluded that the appellant's actions were within legal boundaries, as the foreign exchange was acquired lawfully and remitted within the prescribed time. The charges were not substantiated, resulting in a successful appeal. en-us Mon, 17 Jul 1989 00:00:00 +0530 Tue, 01 Oct 2024 18:17:16 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=457967 The tribunal allowed the appeal, determining that the appellant did not contravene Sections 8(1), 14, or 47 of the Foreign Exchange Regulation Act, 1973. It concluded that the appellant's actions were within legal boundaries, as the foreign exchange was acquired lawfully and remitted within the prescribed time. The charges were not substantiated, resulting in a successful appeal. Case-Laws FEMA Mon, 17 Jul 1989 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=457967