https://www.taxtmi.com/caselaws?id=214652 The tribunal ruled that the services provided by the appellant to banks and an insurance company constituted Business Auxiliary Service under the Finance Act, 1994. The consideration received was subject to taxation, penalties under Sections 76 and 78 were imposed, with Section 76 penalty set aside. The appellant was granted cum-tax benefit, allowing a recomputation of tax amount and a 25% payment option. The appeal was mostly dismissed, except for the cum-tax benefit being allowed and the penalty under Section 76 being set aside. en-us Wed, 13 Jun 2012 00:00:00 +0530 Wed, 16 Jan 2013 18:40:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=214652 The tribunal ruled that the services provided by the appellant to banks and an insurance company constituted Business Auxiliary Service under the Finance Act, 1994. The consideration received was subject to taxation, penalties under Sections 76 and 78 were imposed, with Section 76 penalty set aside. The appellant was granted cum-tax benefit, allowing a recomputation of tax amount and a 25% payment option. The appeal was mostly dismissed, except for the cum-tax benefit being allowed and the penalty under Section 76 being set aside. Case-Laws Service Tax Wed, 13 Jun 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=214652