https://www.taxtmi.com/caselaws?id=171368 The Appellate Tribunal ruled in favor of the appellant, a Chartered Accountant firm, in an appeal against penalties imposed for Service Tax liability. The Tribunal set aside penalties under Sections 76 and 78 of the Finance Act, 1994, citing Section 80 exemptions due to a reasonable cause for failure. The appellant's argument that services were not taxable under Section 65(83) and were covered by an exemption under Notification No. 59/98-S.T. was considered valid. The appeal concluded with the penalties being revoked based on the reasonable cause for non-compliance with the Finance Act provisions. en-us Wed, 07 Aug 2013 00:00:00 +0530 Wed, 01 Jul 2015 16:41:57 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=171368 The Appellate Tribunal ruled in favor of the appellant, a Chartered Accountant firm, in an appeal against penalties imposed for Service Tax liability. The Tribunal set aside penalties under Sections 76 and 78 of the Finance Act, 1994, citing Section 80 exemptions due to a reasonable cause for failure. The appellant's argument that services were not taxable under Section 65(83) and were covered by an exemption under Notification No. 59/98-S.T. was considered valid. The appeal concluded with the penalties being revoked based on the reasonable cause for non-compliance with the Finance Act provisions. Case-Laws Service Tax Wed, 07 Aug 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=171368