Penalty Imposed u/s 76; Waiver Denied u/s 80; Financial Difficulty Not a Valid Excuse for Non-Payment.

Penalty Imposed u/s 76; Waiver Denied u/s 80; Financial Difficulty Not a Valid Excuse for Non-Payment. https://www.taxtmi.com/highlights?id=30625 Levy of penalty u/s 76 - waiver u/s 80 - reasonable cause - the financial difficulty is not a valid reason for waiving penalty when a statutory payment had not been made - AT en-us Thu, 04 Aug 2016 14:06:29 +0530 Thu, 04 Aug 2016 14:06:29 +0530 TaxTMI RSS Generator Penalty Imposed u/s 76; Waiver Denied u/s 80; Financial Difficulty Not a Valid Excuse for Non-Payment. https://www.taxtmi.com/highlights?id=30625 Levy of penalty u/s 76 - waiver u/s 80 - reasonable cause - the financial difficulty is not a valid reason for waiving penalty when a statutory payment had not been made - AT Highlights Service Tax Thu, 04 Aug 2016 14:06:29 +0530 https://www.taxtmi.com/highlights?id=30625