Copies of bank statement of the appellant
company
v.Copies of FIRC issued by RBI in the case
of NR investors
vi.Copies of letter ... Copy of FC-GRP submitted to RBI
ii. Copy of FIRC received from the IDBI Bank
iii. Copy RBI letter allotting
directly received on 26th Dec., 2000 by M/s ABCL as per FIRC dt. 13th Feb., 2001 from Hongkong & Shanghai Banking Corporation ... India on behalf of the appellant on 26th Dec., 2000 as per FIRC, dt. 13th Feb., 2001 from Hongkong & Shanghai Banking Corporation Ltd., which
from the assessee company to Lurgi A.G., Foreign Inward Remittance Certificate (FIRC) in respect of the aforesaid amount and judgments relied upon ... Then, he referred to page 4 of the paper book, being the FIRC dated 18.8.1999, showing the purpose of remittance as stated by the remitter
brought to the knowledge of Ld. CIT(A) that the
FIRC certificates was not submitted before AO as same were not available with the assessee ... Gallaher
Ltd. of UK. For corroborating this fact, the assessee has produced FIRC, ledgers, invoices
for consultancy and warehousing charges which are placed on pages
Copy of share certificate issued to the investor.
e) Copy of FIRC issued by the remitting bank i.e. Hong
Kong ... explained as
under:-
First of all a Certificate of Foreign Inward Remittance (FIRC) is issued
by the remitting bank which in our case is Hongkong
assessee company has also obtained the foreign inward
remittance certificate (FIRCs) from banks for the above and sale
proceeds and submitted the copies of FIRCs ... export turnover because of the reason that the
FIRCs contain the nature of remittance as 'consultancy fee from
client' or 'software consultancy
2093/- was raised on address which is not registered address. (b) FIRC No. 1380499 for Rs.11,00,335/- was received on 13.4.2012 and refund ... which is beyond 1 year, hence, proportionate refund in respect of this FIRC was held to be time barred and the refund
Commissioner (A) has rejected the refund on the basis that in the FIRCs, the purpose of remittances is an advance receipt, which cannot be correlated ... process, the adjudicating authority rejected the refunds on the ground that the FIRCs contains an address different from that of claimant STPI and also
accused, on the basis of which 'Foreign Inward Remittance
certificate" (FIRC) was obtained by Accused Nos.1 to 4, with the connivance ... dated 13.07.1993 for undervaluing the car was
said to have been issued; FIRC was also obtained by production of a letter
dated 08.09.199 4. Thus
Remittance
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NC: 2024:KHC:33781
WP No. 14827 of 2022
Certificates (FIRCs) before the 3rd respondent. The revenue also
contended that in the FIRAs ... rejected by assigning the
following reasons:
(i) Petitioner had not submitted BRCs/FIRCs along with the
refund claim to indicate proof of receipt of foreign
