Tuesday, December 11, 2018

Amount lying in FDR of appellant's son couldn't be appropriated towards penalty for FEMA violations

FEMA : Where Adjudicating Authority did not pass any confiscation order of FDR standing in name of appellant's son for violating provisions of section 3, he could not appropriate said amount towards penalty under any provisions of Act

from www.taxmann.com Latest Case Laws https://ift.tt/2LaSeAq
-
Labels:

No comments:

Post a Comment

Subscribe to: Post Comments (Atom)

AO can’t disallow cost of improvement merely relying on enquiries made with assessee’s neighbour: ITAT

INCOME TAX : Where assessee had purchased a flat and incurred expenditure of Rs. 23 lakhs for purpose of renovating house and Assessing Offi...