Court Overturns Settlement Commission Order on Misclassification Penalty Due to Inadequate Consideration of Fact Suppression Implications.

Court Overturns Settlement Commission Order on Misclassification Penalty Due to Inadequate Consideration of Fact Suppression Implications. https://www.taxtmi.com/highlights?id=24663 Misclassification due to suppression of facts – Imposition of penalty – Settlement Commission ought to be aware of ramifications of imposing penalty – Commission failed to apply its mind to this important aspect of matter and court constrained to set aside order passed by Commission to this limited extent - HC en-us Thu, 10 Sep 2015 09:08:05 +0530 Thu, 10 Sep 2015 09:08:05 +0530 TaxTMI RSS Generator Court Overturns Settlement Commission Order on Misclassification Penalty Due to Inadequate Consideration of Fact Suppression Implications. https://www.taxtmi.com/highlights?id=24663 Misclassification due to suppression of facts – Imposition of penalty – Settlement Commission ought to be aware of ramifications of imposing penalty – Commission failed to apply its mind to this important aspect of matter and court constrained to set aside order passed by Commission to this limited extent - HC Highlights Customs Thu, 10 Sep 2015 09:08:05 +0530 https://www.taxtmi.com/highlights?id=24663