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    <title>2010 (9) TMI 542 - CESTAT, CHENNAI</title>
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    <description>The tribunal waived the predeposit and decided the appeal in favor of the assessees based on settled issues. Penalties imposed under Sections 76, 77, and 78 of the Finance Act, 1994 were challenged and set aside by the Commissioner (Appeals), but a subsequent revision order was passed. The tribunal held that the revision order was invalid as it was issued while an appeal was pending before the Commissioner (Appeals), contravening legal principles. Consequently, the tribunal set aside the revision order and allowed the appeal, following established legal precedents.</description>
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      <title>2010 (9) TMI 542 - CESTAT, CHENNAI</title>
      <link>https://www.taxtmi.com/caselaws?id=204105</link>
      <description>The tribunal waived the predeposit and decided the appeal in favor of the assessees based on settled issues. Penalties imposed under Sections 76, 77, and 78 of the Finance Act, 1994 were challenged and set aside by the Commissioner (Appeals), but a subsequent revision order was passed. The tribunal held that the revision order was invalid as it was issued while an appeal was pending before the Commissioner (Appeals), contravening legal principles. Consequently, the tribunal set aside the revision order and allowed the appeal, following established legal precedents.</description>
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