https://www.taxtmi.com/caselaws?id=461489 Immunity under the Remittances of Foreign Exchange and Investment in Foreign Exchange Bonds (Immunities and Exemptions) Act, 1991 applies only where the receipt is a protected remittance within Section 2(b) and the recipient falls within the protected class. The bar on inquiry or investigation is therefore not absolute: the Enforcement Directorate may conduct a preliminary inquiry to determine whether the transaction answers the statutory definition of remittance. If the material suggests a prima facie violation of foreign exchange law, that material can support further inquiry, and if the amount is found not to be protected remittance, investigation is not barred. en-us Fri, 12 Mar 1999 00:00:00 +0530 Wed, 09 Apr 2025 11:30:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=461489 Immunity under the Remittances of Foreign Exchange and Investment in Foreign Exchange Bonds (Immunities and Exemptions) Act, 1991 applies only where the receipt is a protected remittance within Section 2(b) and the recipient falls within the protected class. The bar on inquiry or investigation is therefore not absolute: the Enforcement Directorate may conduct a preliminary inquiry to determine whether the transaction answers the statutory definition of remittance. If the material suggests a prima facie violation of foreign exchange law, that material can support further inquiry, and if the amount is found not to be protected remittance, investigation is not barred. Case-Laws Income Tax Fri, 12 Mar 1999 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=461489