Reasonable cause defense prevents penalty when taxpayer shows reasonable cause; transitional relief allows payment of outstanding service tax with interest. A reasonable cause defence precludes imposition of penalty if the assessee proves reasonable cause for the failure. A transitional relief exempts penalty ... Summary
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Reasonable cause defense prevents penalty when taxpayer shows reasonable cause; transitional relief allows payment of outstanding service tax with interest.
A reasonable cause defence precludes imposition of penalty if the assessee proves reasonable cause for the failure. A transitional relief exempts penalty for specified outstanding service tax provided the service tax and interest are paid in full within the remedial period following enactment of the Finance Bill.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.