https://www.taxtmi.com/caselaws?id=801365 Reasoned adjudicatory orders must disclose the evidence and reasons supporting a finding; reasoning cannot be inferred from factual narration or material outside the order's stated grounds. Although the company's explanation for seized Indian and foreign currency was accepted and it was exonerated of contraventions, the separate penalty finding against the appellant identified no further supporting material. The dismissal therefore required fresh, reasoned adjudication. en-us Thu, 15 Oct 2026 00:00:00 +0530 Wed, 21 Oct 2026 08:38:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=801365 Reasoned adjudicatory orders must disclose the evidence and reasons supporting a finding; reasoning cannot be inferred from factual narration or material outside the order's stated grounds. Although the company's explanation for seized Indian and foreign currency was accepted and it was exonerated of contraventions, the separate penalty finding against the appellant identified no further supporting material. The dismissal therefore required fresh, reasoned adjudication. Case-Laws FEMA Thu, 15 Oct 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=801365