https://www.taxtmi.com/caselaws?id=459851 The Appellate Tribunal for Foreign Exchange set aside the adjudicating order against a Chartered Accountant accused of contravening Section 9(1)(d) of FER Act, 1973 for allegedly paying Rs. 12,98,800 on instructions from Bangladesh. The appellant retracted his confessional statement the day after custody release. The Tribunal found no incriminating evidence recovered during raids, denied cross-examination of key witness violating natural justice, and determined the confession was not voluntary. The Enforcement Directorate failed to prove the statement's truthfulness without inducement or threat. The appeal was allowed. en-us Tue, 25 Mar 2014 00:00:00 +0530 Tue, 31 Dec 2024 23:47:27 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=459851 The Appellate Tribunal for Foreign Exchange set aside the adjudicating order against a Chartered Accountant accused of contravening Section 9(1)(d) of FER Act, 1973 for allegedly paying Rs. 12,98,800 on instructions from Bangladesh. The appellant retracted his confessional statement the day after custody release. The Tribunal found no incriminating evidence recovered during raids, denied cross-examination of key witness violating natural justice, and determined the confession was not voluntary. The Enforcement Directorate failed to prove the statement's truthfulness without inducement or threat. The appeal was allowed. Case-Laws FEMA Tue, 25 Mar 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=459851