https://www.taxtmi.com/caselaws?id=201380 The Tribunal set aside the penalties under Sections 76 and 78 of the Finance Act and remanded the matter for recalculating the correct amount of service tax payable by considering the amount received by the appellants as inclusive of service tax. The decision emphasized the importance of timely compliance, awareness of tax regulations, and the correct treatment of amounts in service tax matters. en-us Fri, 23 Jul 2010 00:00:00 +0530 Wed, 11 May 2011 17:52:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=201380 The Tribunal set aside the penalties under Sections 76 and 78 of the Finance Act and remanded the matter for recalculating the correct amount of service tax payable by considering the amount received by the appellants as inclusive of service tax. The decision emphasized the importance of timely compliance, awareness of tax regulations, and the correct treatment of amounts in service tax matters. Case-Laws Service Tax Fri, 23 Jul 2010 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=201380