https://www.taxtmi.com/caselaws?id=211 Penalty under Section 77 of the Finance Act, 1994 was found unjustified where the assessee filed the return within two months of the High Court's order granting practising Chartered Accountants time to complete formalities and pay service tax arrears, and indicating that penal action should not be taken. On those facts, the CESTAT set aside the penalty in favour of the assessee. en-us Tue, 06 Jan 2004 00:00:00 +0530 Thu, 10 Apr 2008 18:39:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=211 Penalty under Section 77 of the Finance Act, 1994 was found unjustified where the assessee filed the return within two months of the High Court's order granting practising Chartered Accountants time to complete formalities and pay service tax arrears, and indicating that penal action should not be taken. On those facts, the CESTAT set aside the penalty in favour of the assessee. Case-Laws Service Tax Tue, 06 Jan 2004 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=211