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Aakar Patel

ED imposes Rs 61 crore penalties on Amnesty India, Aakar Patel

"The show cause notice issued by ED had charged that during the period between November 2013 and June 2018, remittance which was received by AIIPL and claimed as a receipt for Business and Management Consultancy and Public Relation Services for export of services to the foreign beneficiary is nothing but the amount borrowed from overseas remitter, thereby violating the FEMA provisions," an ED statement said.