https://www.taxtmi.com/caselaws?id=255186 The Tribunal allowed the appeal, setting aside the penalties imposed under Sections 77 & 78 of the Finance Act, 1994. The appellant's financial stress, unit's sick status, and payment of tax before the show cause notice were considered reasonable causes for waiving penalties. Relying on precedent, the Tribunal found no justification for penalties under Section 78 after waiving under Section 76. The non-payment was not intentional, detected from the appellant's accounts, leading to a lenient view by the Tribunal in favor of the appellant. en-us Fri, 21 Nov 2014 00:00:00 +0530 Tue, 01 Sep 2015 15:07:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=255186 The Tribunal allowed the appeal, setting aside the penalties imposed under Sections 77 & 78 of the Finance Act, 1994. The appellant's financial stress, unit's sick status, and payment of tax before the show cause notice were considered reasonable causes for waiving penalties. Relying on precedent, the Tribunal found no justification for penalties under Section 78 after waiving under Section 76. The non-payment was not intentional, detected from the appellant's accounts, leading to a lenient view by the Tribunal in favor of the appellant. Case-Laws Service Tax Fri, 21 Nov 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=255186