https://www.taxtmi.com/caselaws?id=254364 The penalty imposed under Section 76 for Service Tax on renting of immovable property services for a specific period was set aside by the court. The appellant, who had paid the Service Tax along with interest within the specified time frame, relied on Section 80(2) of the Finance Act, 1994, to argue against the penalty. The judge noted the enactment of sub-section (2) of Section 80 through the Finance Act, 2012, which invalidated the penalty and rendered it unsustainable. As a result, the penalty was overturned, and the appeal was allowed. en-us Tue, 09 Sep 2014 00:00:00 +0530 Fri, 19 Dec 2014 17:28:38 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=254364 The penalty imposed under Section 76 for Service Tax on renting of immovable property services for a specific period was set aside by the court. The appellant, who had paid the Service Tax along with interest within the specified time frame, relied on Section 80(2) of the Finance Act, 1994, to argue against the penalty. The judge noted the enactment of sub-section (2) of Section 80 through the Finance Act, 2012, which invalidated the penalty and rendered it unsustainable. As a result, the penalty was overturned, and the appeal was allowed. Case-Laws Service Tax Tue, 09 Sep 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=254364