https://www.taxtmi.com/caselaws?id=328700 The tribunal set aside the penalty imposed under Section 76 of the Finance Act, 1994, as the appellant promptly paid the service tax along with interest after being alerted, citing personal reasons for the delay in payment due to financial hardship caused by a family member's illness. The tribunal found no evidence of suppression or misstatement in accounts and concluded that the penalty should be waived in such circumstances, in line with precedent judgments. en-us Wed, 20 Jan 2016 00:00:00 +0530 Fri, 10 Jun 2016 18:30:54 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=328700 The tribunal set aside the penalty imposed under Section 76 of the Finance Act, 1994, as the appellant promptly paid the service tax along with interest after being alerted, citing personal reasons for the delay in payment due to financial hardship caused by a family member's illness. The tribunal found no evidence of suppression or misstatement in accounts and concluded that the penalty should be waived in such circumstances, in line with precedent judgments. Case-Laws Service Tax Wed, 20 Jan 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=328700