Tax Management India. Com
Law and Practice  :  Digital eBook
Research is most exciting & rewarding

🚨 Important Update for Our Users

We are transitioning to our new and improved portal - www.taxtmi.com - for a better experience.

⚠️ This portal will be fully migrated on 31-July-2025 at 23:59:59

After this date, all services will be available exclusively on our new platform.

If you encounter any issues or problems while using the new portal,
please let us know via our feedback form , with specific details, so we can address them promptly.

  TMI - Tax Management India. Com
Follow us:
  Facebook   Twitter   Linkedin   Telegram

Home Case Index All Cases FEMA FEMA + AT FEMA - 2004 (9) TMI AT This

  • Login
  • Summary

Forgot password



 

2004 (9) TMI 717 - AT - FEMA

The Appellate Tribunal for Foreign Exchange in New Delhi overturned a penalty of Rs. 18,10,000 imposed on the appellant for violating the Foreign Exchange Regulation Act, 1973. The appellant had deposited Rs. 1,81,000 as pre-deposit. The Tribunal found that the appellant did not receive the necessary communications due to incorrect address, and remanded the case for fresh adjudication. The pre-deposited amount should be refunded, and the matter must be resolved within 90 days.

 

 

 

 

Quick Updates:Latest Updates