https://www.taxtmi.com/caselaws?id=211084 Multi-system operator and cable transmission services were treated as taxable on actual receipts, with balance-sheet figures requiring reconciliation against books to avoid double taxation of past and future collections. Penalty for alleged suppression was not justified where the dispute turned mainly on valuation and reconciliation, so penalty under Section 78 was set aside while interest and penalty under Section 76 were sustained. Cable transmission of viewables was also treated as broadcasting service, but Notification No. 8/2001-S.T. exempted such service until 9-7-2004; tax and interest were therefore confined to the post-exemption period, and penalty under Section 78 was deleted. en-us Wed, 01 Jun 2011 00:00:00 +0530 Mon, 05 Mar 2012 16:13:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=211084 Multi-system operator and cable transmission services were treated as taxable on actual receipts, with balance-sheet figures requiring reconciliation against books to avoid double taxation of past and future collections. Penalty for alleged suppression was not justified where the dispute turned mainly on valuation and reconciliation, so penalty under Section 78 was set aside while interest and penalty under Section 76 were sustained. Cable transmission of viewables was also treated as broadcasting service, but Notification No. 8/2001-S.T. exempted such service until 9-7-2004; tax and interest were therefore confined to the post-exemption period, and penalty under Section 78 was deleted. Case-Laws Service Tax Wed, 01 Jun 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=211084