https://www.taxtmi.com/caselaws?id=334302 The Tribunal rejected the Department's appeal, ruling in favor of the tax payer. It held that there was no willful suppression to evade tax payment, entitling the tax payer to benefit under Section 73(3) of the Finance Act, 1994. The Tribunal upheld the waiver of penalty under Section 80, emphasizing the tax payer's cooperation and immediate payment upon notification. It distinguished the cited case law and stressed the difference between willful suppression and technical/non-malafide lapses in tax compliance. en-us Thu, 05 May 2016 00:00:00 +0530 Wed, 09 Nov 2016 14:54:53 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=334302 The Tribunal rejected the Department's appeal, ruling in favor of the tax payer. It held that there was no willful suppression to evade tax payment, entitling the tax payer to benefit under Section 73(3) of the Finance Act, 1994. The Tribunal upheld the waiver of penalty under Section 80, emphasizing the tax payer's cooperation and immediate payment upon notification. It distinguished the cited case law and stressed the difference between willful suppression and technical/non-malafide lapses in tax compliance. Case-Laws Service Tax Thu, 05 May 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=334302