https://www.taxtmi.com/caselaws?id=800534 FERA contraventions involving prohibited payments or dealings attract civil penalties once the statutory breach is established; guilty intention, personal gain, and compensation from the transaction are not prerequisites to liability. Penalty quantum is subject to limited proportionality review. Interference is warranted only where the penalty is grossly excessive, unduly harsh, or so disproportionate that it shocks the conscience. Section 50 permits penalties up to five times the value of the contravention, requiring a legally sustainable basis before a penalty is reduced as irrational or outrageous. en-us Mon, 28 Sep 2026 00:00:00 +0530 Thu, 08 Oct 2026 08:45:25 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=800534 FERA contraventions involving prohibited payments or dealings attract civil penalties once the statutory breach is established; guilty intention, personal gain, and compensation from the transaction are not prerequisites to liability. Penalty quantum is subject to limited proportionality review. Interference is warranted only where the penalty is grossly excessive, unduly harsh, or so disproportionate that it shocks the conscience. Section 50 permits penalties up to five times the value of the contravention, requiring a legally sustainable basis before a penalty is reduced as irrational or outrageous. Case-Laws FEMA Mon, 28 Sep 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=800534