https://www.taxtmi.com/caselaws?id=759792 In adjudication proceedings under foreign exchange law, refusal of cross-examination does not vitiate the order where the relied-upon statements and documents were supplied, opportunities of hearing were given, the material is corroborated by seized documents and statements, and no prejudice is shown. The tribunal therefore maintained the finding of contravention under section 9(1)(f)(i) of FERA. It also considered that the penalty could not remain in full in view of the long pendency of the appeal and the pre-deposit already made, and reduced the monetary liability substantially, granting only partial relief. en-us Thu, 04 Apr 2024 00:00:00 +0530 Wed, 09 Oct 2024 08:20:14 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=759792 In adjudication proceedings under foreign exchange law, refusal of cross-examination does not vitiate the order where the relied-upon statements and documents were supplied, opportunities of hearing were given, the material is corroborated by seized documents and statements, and no prejudice is shown. The tribunal therefore maintained the finding of contravention under section 9(1)(f)(i) of FERA. It also considered that the penalty could not remain in full in view of the long pendency of the appeal and the pre-deposit already made, and reduced the monetary liability substantially, granting only partial relief. Case-Laws FEMA Thu, 04 Apr 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=759792