https://www.taxtmi.com/caselaws?id=250396 The judgment in this case involved an application for waiver of predeposit of penalty under Section 78 of the Finance Act, 1944. The applicant was directed to deposit Rs. 1,50,000 within six weeks, with the waiver of predeposit for the balance amount of penalty pending appeal disposal. The court found that the applicant had not disclosed the nature of payment in their returns, leading to the Revenue's lack of awareness regarding the reimbursement expenses, ultimately resulting in the directive for partial deposit and waiver of the penalty balance. en-us Thu, 01 May 2014 00:00:00 +0530 Mon, 11 Aug 2014 18:25:30 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=250396 The judgment in this case involved an application for waiver of predeposit of penalty under Section 78 of the Finance Act, 1944. The applicant was directed to deposit Rs. 1,50,000 within six weeks, with the waiver of predeposit for the balance amount of penalty pending appeal disposal. The court found that the applicant had not disclosed the nature of payment in their returns, leading to the Revenue's lack of awareness regarding the reimbursement expenses, ultimately resulting in the directive for partial deposit and waiver of the penalty balance. Case-Laws Service Tax Thu, 01 May 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=250396