https://www.taxtmi.com/caselaws?id=185245 The judgment addressed the appeal by the Revenue challenging the waiver of penalty by the appellate authority without reason. The court emphasized the provision in section 80 of the Finance Act, 1994, stating no penalty is leviable with a reasonable cause. As the appellate authority did not provide reasons for the waiver, the matter was remanded for reconsideration. The appellate authority was directed to assess if a reasonable cause existed for the decision, considering section 80 provisions. The Revenue partially succeeded in the appeal. en-us Fri, 02 Mar 2007 00:00:00 +0530 Thu, 04 Aug 2016 17:41:17 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=185245 The judgment addressed the appeal by the Revenue challenging the waiver of penalty by the appellate authority without reason. The court emphasized the provision in section 80 of the Finance Act, 1994, stating no penalty is leviable with a reasonable cause. As the appellate authority did not provide reasons for the waiver, the matter was remanded for reconsideration. The appellate authority was directed to assess if a reasonable cause existed for the decision, considering section 80 provisions. The Revenue partially succeeded in the appeal. Case-Laws Service Tax Fri, 02 Mar 2007 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=185245