2007 (8) TMI 288

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....Samir Chitkara, SDR, for the Respondent. [Order per: Archana Wadhwa Member (J)]. - The appellants have filed the written submission and have prayed for decision on merit. Accordingly, we have heard learned SDR and gone through the impugned order passed by the Commissioner. 2. The challenge in the present appeal is to personal penalty of Rs. 1 lakh imposed upon the appellant in terms of provi....

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....a, he further clarified that he has not handed over the money to him and the various documents/traveller cheques and drafts recovered from his premises were either or expired date or forged one. 3. On the above basis, proceedings were initiated, inter alia, against the appellant, which resulted into culmination of impugned order passed by the Commissioner, imposing personal penalty of Rs. 1 lak....