https://www.taxtmi.com/caselaws?id=203307 The Appellate Tribunal CESTAT, New Delhi upheld the decision of the lower appellate authority to drop the penalty imposed on a partner when the partnership firm had already been penalized. Citing precedents from the Hon'ble Bombay High Court and the Hon'ble Gujarat High Court, the tribunal concluded that once a partnership firm is penalized, separate penalties cannot be imposed on the partners as they are not considered separate legal entities. Therefore, the tribunal rejected the Revenue's appeal and affirmed the waiver of penalty on the partner, in line with established legal principles. en-us Thu, 03 Mar 2011 00:00:00 +0530 Wed, 18 May 2011 09:30:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=203307 The Appellate Tribunal CESTAT, New Delhi upheld the decision of the lower appellate authority to drop the penalty imposed on a partner when the partnership firm had already been penalized. Citing precedents from the Hon'ble Bombay High Court and the Hon'ble Gujarat High Court, the tribunal concluded that once a partnership firm is penalized, separate penalties cannot be imposed on the partners as they are not considered separate legal entities. Therefore, the tribunal rejected the Revenue's appeal and affirmed the waiver of penalty on the partner, in line with established legal principles. Case-Laws Central Excise Thu, 03 Mar 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=203307