Application for waiver of pre-deposit of part of penalty allowed as it would have caused undue hardship to appellant

FEMA/BANKING/INSURANCE: Where appellant had prima facie demonstrated that there had been no violations of provisions of FEMA, Rules, Regulations and Master Circular in respect of right to sell online ad space for Google and undue hardship would be caused to appellant if they were made to make a deposit of any part of penalty, waiver of pre­-deposit of penalty amount to be granted

from www.taxmann.com Latest Case Laws https://ift.tt/36gia8m