https://www.taxtmi.com/caselaws?id=202060 The High Court quashed the Tribunal's order in a tax appeal case, directing a fresh assessment in accordance with legal observations from a prior judgment. The Court emphasized that penalties under Sections 76 and 80 of the Finance Act, 1994 cannot be reduced below the prescribed minimum limit. The matter was remanded for reevaluation based on the Court's previous decision, ultimately disposing of the tax appeal. en-us Wed, 27 Oct 2010 00:00:00 +0530 Thu, 16 May 2013 17:51:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=202060 The High Court quashed the Tribunal's order in a tax appeal case, directing a fresh assessment in accordance with legal observations from a prior judgment. The Court emphasized that penalties under Sections 76 and 80 of the Finance Act, 1994 cannot be reduced below the prescribed minimum limit. The matter was remanded for reevaluation based on the Court's previous decision, ultimately disposing of the tax appeal. Case-Laws Service Tax Wed, 27 Oct 2010 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=202060