https://www.taxtmi.com/caselaws?id=141061 Waiver of pre-deposit and stay of recovery were granted against a penalty under Section 76 of the Finance Act, 1994 in a service tax matter involving renting of immovable property. The assessee had paid the tax and interest before the show-cause notice and relied on a bona fide belief, absence of intent to evade, and the availability of relief from penal liability under Section 80. Those circumstances supported interim protection from recovery of the penalty. en-us Tue, 12 May 2009 00:00:00 +0530 Thu, 18 Apr 2013 15:52:43 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=141061 Waiver of pre-deposit and stay of recovery were granted against a penalty under Section 76 of the Finance Act, 1994 in a service tax matter involving renting of immovable property. The assessee had paid the tax and interest before the show-cause notice and relied on a bona fide belief, absence of intent to evade, and the availability of relief from penal liability under Section 80. Those circumstances supported interim protection from recovery of the penalty. Case-Laws Service Tax Tue, 12 May 2009 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=141061