https://www.taxtmi.com/caselaws?id=155609 The Tribunal could reduce penalty in a departmental appeal, but that discretion had to be exercised on stated reasons and disclosed circumstances. A penalty reduction affecting party rights cannot stand where the order gives no basis for the exercise of discretion. The Rajasthan High Court therefore found the reduction improper, set it aside, and remitted the matter to the Tribunal for a fresh decision after hearing both sides. en-us Thu, 04 Aug 1988 00:00:00 +0530 Thu, 05 Sep 2013 17:18:50 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=155609 The Tribunal could reduce penalty in a departmental appeal, but that discretion had to be exercised on stated reasons and disclosed circumstances. A penalty reduction affecting party rights cannot stand where the order gives no basis for the exercise of discretion. The Rajasthan High Court therefore found the reduction improper, set it aside, and remitted the matter to the Tribunal for a fresh decision after hearing both sides. Case-Laws VAT and Sales Tax Thu, 04 Aug 1988 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=155609