https://www.taxtmi.com/caselaws?id=255998 The Tribunal upheld the decision of the Ld. Commissioner (A) to waive penalties under sections 76, 77, and 78 of the Finance Act 1994. It found that the respondent's payment of tax and interest before a show cause notice, coupled with their lack of awareness of new provisions and absence of fraud, justified the penalty waiver. The Tribunal dismissed the revenue's appeal, stating no infirmity was found in the decision. en-us Thu, 08 Jan 2015 00:00:00 +0530 Sun, 01 Feb 2015 06:09:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=255998 The Tribunal upheld the decision of the Ld. Commissioner (A) to waive penalties under sections 76, 77, and 78 of the Finance Act 1994. It found that the respondent's payment of tax and interest before a show cause notice, coupled with their lack of awareness of new provisions and absence of fraud, justified the penalty waiver. The Tribunal dismissed the revenue's appeal, stating no infirmity was found in the decision. Case-Laws Service Tax Thu, 08 Jan 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=255998