https://www.taxtmi.com/caselaws?id=209121 The Tribunal upheld the waiver of penalty on a partner when the partnership firm had already been penalized, rejecting the Revenue's appeal. Relying on precedents from the Bombay and Gujarat High Courts, the Tribunal concluded that partners cannot be penalized separately once the firm is penalized. The judgment clarified the legal position on imposing penalties on partners in such situations, emphasizing the principle that partners are not separate legal entities for penalty purposes. en-us Thu, 03 Mar 2011 00:00:00 +0530 Mon, 29 Jul 2013 18:27:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=209121 The Tribunal upheld the waiver of penalty on a partner when the partnership firm had already been penalized, rejecting the Revenue's appeal. Relying on precedents from the Bombay and Gujarat High Courts, the Tribunal concluded that partners cannot be penalized separately once the firm is penalized. The judgment clarified the legal position on imposing penalties on partners in such situations, emphasizing the principle that partners are not separate legal entities for penalty purposes. Case-Laws Central Excise Thu, 03 Mar 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=209121