https://www.taxtmi.com/caselaws?id=138 The Tribunal ruled in favor of the appellant, setting aside the enhanced penalty imposed for late filing of service tax returns under Section 77 of the Finance Act. The decision was based on the appellant proving a reasonable cause for the delay in filing returns, as allowed under Section 80 of the Finance Act. The Tribunal also recognized the discretionary power of the assessing authority to reduce penalties, as supported by a previous Tribunal decision. en-us Mon, 01 Mar 2004 00:00:00 +0530 Thu, 10 Apr 2008 18:24:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=138 The Tribunal ruled in favor of the appellant, setting aside the enhanced penalty imposed for late filing of service tax returns under Section 77 of the Finance Act. The decision was based on the appellant proving a reasonable cause for the delay in filing returns, as allowed under Section 80 of the Finance Act. The Tribunal also recognized the discretionary power of the assessing authority to reduce penalties, as supported by a previous Tribunal decision. Case-Laws Service Tax Mon, 01 Mar 2004 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=138