https://www.taxtmi.com/caselaws?id=258824 The High Court upheld the imposition of service tax liability and penalties under Sections 76 and 77 of the Finance Act, 1994, on the appellant, Delhi Transport Corporation (DTC). However, the penalty under Section 78 was set aside due to the absence of intent to evade payment of service tax. The court acknowledged DTC's financial constraints and reliance on government grants as reasonable causes for payment delays, invoking protection under Section 80 of the Finance Act, 1994. The appeals were partly allowed by setting aside the penalty under Section 78. en-us Fri, 17 Apr 2015 00:00:00 +0530 Fri, 04 Mar 2016 11:56:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=258824 The High Court upheld the imposition of service tax liability and penalties under Sections 76 and 77 of the Finance Act, 1994, on the appellant, Delhi Transport Corporation (DTC). However, the penalty under Section 78 was set aside due to the absence of intent to evade payment of service tax. The court acknowledged DTC's financial constraints and reliance on government grants as reasonable causes for payment delays, invoking protection under Section 80 of the Finance Act, 1994. The appeals were partly allowed by setting aside the penalty under Section 78. Case-Laws Service Tax Fri, 17 Apr 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=258824