https://www.taxtmi.com/caselaws?id=250279 The Tribunal dismissed the Revenue's appeal against the waiver of penalty under Section 80 of the Finance Act by the Commissioner (Appeals). The Tribunal found the respondent's explanations satisfactory, noting the minimal impact of the demand compared to total tax payments. Consequently, the appeal was dismissed, emphasizing the significance of demonstrating reasonable cause for failures in tax compliance to potentially avoid penalties. en-us Wed, 30 Apr 2014 00:00:00 +0530 Thu, 07 Aug 2014 12:22:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=250279 The Tribunal dismissed the Revenue's appeal against the waiver of penalty under Section 80 of the Finance Act by the Commissioner (Appeals). The Tribunal found the respondent's explanations satisfactory, noting the minimal impact of the demand compared to total tax payments. Consequently, the appeal was dismissed, emphasizing the significance of demonstrating reasonable cause for failures in tax compliance to potentially avoid penalties. Case-Laws Service Tax Wed, 30 Apr 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=250279