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    <title>2017 (5) TMI 761 - CESTAT MUMBAI</title>
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    <description>The Tribunal held that penalties imposed on the appellant for not discharging tax liability in a timely manner were unsustainable. The appellant, upon realizing their tax liability, paid the entire amount with interest before the show cause notice was issued. The Tribunal found merit in the argument that the tax liability should have been categorized differently. Relying on judicial decisions and statutory provisions, the Tribunal set aside the penalties, allowing the appeal in favor of the appellant.</description>
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      <link>https://www.taxtmi.com/caselaws?id=343023</link>
      <description>The Tribunal held that penalties imposed on the appellant for not discharging tax liability in a timely manner were unsustainable. The appellant, upon realizing their tax liability, paid the entire amount with interest before the show cause notice was issued. The Tribunal found merit in the argument that the tax liability should have been categorized differently. Relying on judicial decisions and statutory provisions, the Tribunal set aside the penalties, allowing the appeal in favor of the appellant.</description>
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      <pubDate>Wed, 15 Mar 2017 00:00:00 +0530</pubDate>
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