https://www.taxtmi.com/caselaws?id=148594 The appeal was allowed with the modified penalty amount reduced from Rs. 3,22,543/- to Rs. 66,600/- by the Commissioner after reviewing the case records and finding no mala fide intention on the part of the appellant. The penalty was aligned with the maximum justified amount under Section 76 of the Finance Act, 1994, based on the circumstances of the case and the appellant's filed returns. en-us Fri, 10 Jul 2009 00:00:00 +0530 Tue, 30 Apr 2013 17:04:43 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=148594 The appeal was allowed with the modified penalty amount reduced from Rs. 3,22,543/- to Rs. 66,600/- by the Commissioner after reviewing the case records and finding no mala fide intention on the part of the appellant. The penalty was aligned with the maximum justified amount under Section 76 of the Finance Act, 1994, based on the circumstances of the case and the appellant's filed returns. Case-Laws Service Tax Fri, 10 Jul 2009 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=148594