https://www.taxtmi.com/caselaws?id=763952 The HC determined that proceedings against the petitioner under Section 6 (3) (b) of the Foreign Exchange Management Act, 1999 (FEMA), which was omitted by the Finance Act, 2015, were without jurisdiction. The court emphasized that the omission of a statutory provision does not invoke Section 6 of the General Clauses Act, which applies only to repeals. Consequently, the actions based on the omitted provision were deemed void. The writ petition was allowed, and the show cause notice and complaint were quashed, as they lacked legal basis. en-us Fri, 06 Dec 2024 00:00:00 +0530 Tue, 31 Dec 2024 18:38:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=763952 The HC determined that proceedings against the petitioner under Section 6 (3) (b) of the Foreign Exchange Management Act, 1999 (FEMA), which was omitted by the Finance Act, 2015, were without jurisdiction. The court emphasized that the omission of a statutory provision does not invoke Section 6 of the General Clauses Act, which applies only to repeals. Consequently, the actions based on the omitted provision were deemed void. The writ petition was allowed, and the show cause notice and complaint were quashed, as they lacked legal basis. Case-Laws FEMA Fri, 06 Dec 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=763952