https://www.taxtmi.com/caselaws?id=467077 The note addresses admissibility and evidential weight of seized records in FERA adjudication: the statutory presumption as to documents produced or seized from a person cannot be invoked against a noticee where the documents originated from a non-noticee; identity of the noticee may be established by associative links in records and personnel references, validating service on the named company; contemporaneous explanatory statements and bound, totaled books of account may be admissible and corroborative where retractions lack proof of coercion and handwriting/ledger features indicate regularity; and discharge in parallel criminal proceedings does not automatically preclude imposition of an adjudication penalty, given differing burdens and standards of proof. en-us Thu, 09 Jan 2025 00:00:00 +0530 Thu, 05 Mar 2026 19:17:20 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=467077 The note addresses admissibility and evidential weight of seized records in FERA adjudication: the statutory presumption as to documents produced or seized from a person cannot be invoked against a noticee where the documents originated from a non-noticee; identity of the noticee may be established by associative links in records and personnel references, validating service on the named company; contemporaneous explanatory statements and bound, totaled books of account may be admissible and corroborative where retractions lack proof of coercion and handwriting/ledger features indicate regularity; and discharge in parallel criminal proceedings does not automatically preclude imposition of an adjudication penalty, given differing burdens and standards of proof. Case-Laws FEMA Thu, 09 Jan 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=467077