https://www.taxtmi.com/article/detailed?id=15755 Section 19(1) and the second proviso of Rule 10 permit the Appellate Tribunal to require pre deposit of penalties but also to dispense with such deposit where compliance would cause undue hardship, and to impose alternative conditions (such as indemnity bonds or guarantees) to safeguard realisation; an NPA classified appellant with no liquid assets may prima facie satisfy the undue hardship threshold and the tribunal must not convert discretionary safeguards into mandatory minima that render the right of appeal illusory. en-us Fri, 23 Jan 2026 09:30:34 +0530 Fri, 23 Jan 2026 09:30:34 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=15755 Section 19(1) and the second proviso of Rule 10 permit the Appellate Tribunal to require pre deposit of penalties but also to dispense with such deposit where compliance would cause undue hardship, and to impose alternative conditions (such as indemnity bonds or guarantees) to safeguard realisation; an NPA classified appellant with no liquid assets may prima facie satisfy the undue hardship threshold and the tribunal must not convert discretionary safeguards into mandatory minima that render the right of appeal illusory. Articles FEMA - Foreign Exchange Management Fri, 23 Jan 2026 09:30:34 +0530 https://www.taxtmi.com/article/detailed?id=15755