Section 76 Penalty is Mandatory; Authorities Cannot Waive or Alter Penalty as Prescribed by Law.

Section 76 Penalty is Mandatory; Authorities Cannot Waive or Alter Penalty as Prescribed by Law. https://www.taxtmi.com/highlights?id=23466 Levy of Penalty u/s 76 - mandatory or any discretion is left with the authorities for imposing such penalty - no reason why the Authorities should depart from imposing such penalty as mandated by the provisions of the Act. - HC en-us Tue, 23 Jun 2015 11:55:10 +0530 Tue, 23 Jun 2015 11:55:10 +0530 TaxTMI RSS Generator Section 76 Penalty is Mandatory; Authorities Cannot Waive or Alter Penalty as Prescribed by Law. https://www.taxtmi.com/highlights?id=23466 Levy of Penalty u/s 76 - mandatory or any discretion is left with the authorities for imposing such penalty - no reason why the Authorities should depart from imposing such penalty as mandated by the provisions of the Act. - HC Highlights Service Tax Tue, 23 Jun 2015 11:55:10 +0530 https://www.taxtmi.com/highlights?id=23466