https://www.taxtmi.com/caselaws?id=267715 The Tribunal allowed the appeal in favor of the appellant, setting aside penalties under Sections 76, 77, and 78, while upholding the demand for service tax and interest payment. The decision emphasized the significance of timely tax payment and accurate record-keeping in demonstrating compliance with tax regulations. The appellant's timely payment of service tax, accurate income declaration, and consistent contestation of penalties on the grounds of no suppression of facts led to immunity from penalties under the Finance Act, 1994. en-us Mon, 15 Jun 2015 00:00:00 +0530 Tue, 10 Nov 2015 21:42:08 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=267715 The Tribunal allowed the appeal in favor of the appellant, setting aside penalties under Sections 76, 77, and 78, while upholding the demand for service tax and interest payment. The decision emphasized the significance of timely tax payment and accurate record-keeping in demonstrating compliance with tax regulations. The appellant's timely payment of service tax, accurate income declaration, and consistent contestation of penalties on the grounds of no suppression of facts led to immunity from penalties under the Finance Act, 1994. Case-Laws Service Tax Mon, 15 Jun 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=267715