Friday, October 4, 2019

No violation of natural justice when petitioner was declared defaulter after conducting forensic audit

FEMA BANKING AND INSURANCE : Where from forensic audit conducted in account of petitioners for relevant period, it was evident that there were clear charges levelled against petitioners and explanation was called for, it could not be said that principles of natural justice had been violated or Master Circular of RBI breached in arriving at conclusion that petitioners were wilful defaulters

from www.taxmann.com Latest Case Laws https://ift.tt/2LJjZC2
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