https://www.taxtmi.com/caselaws?id=75819 The appellate tribunal set aside the penalty imposed on the assessees under section 76 of the Finance Act, 1994 for delayed payment of service tax and interest. The tribunal accepted the assessees' plea that the delay was due to the prolonged illness of their local auditor, leading to a finding of a reasonable cause for the failure to comply with the provisions of the Act. Consequently, the penalty was waived, and the appeal was allowed in favor of the assessees. en-us Fri, 05 Jun 2009 00:00:00 +0530 Tue, 16 Apr 2013 15:20:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=75819 The appellate tribunal set aside the penalty imposed on the assessees under section 76 of the Finance Act, 1994 for delayed payment of service tax and interest. The tribunal accepted the assessees' plea that the delay was due to the prolonged illness of their local auditor, leading to a finding of a reasonable cause for the failure to comply with the provisions of the Act. Consequently, the penalty was waived, and the appeal was allowed in favor of the assessees. Case-Laws Service Tax Fri, 05 Jun 2009 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=75819