https://www.taxtmi.com/forum/issue?id=111935 Whether a penalty under section 78 must be calculated after appropriating previously paid tax is disputed where a voluntary compliance payment was made but total assessed liability exceeded it; the department issued an SCN for the gross liability, appropriated the payment, and imposed a penalty on the full assessed amount. The commentator argues that imposing penalty on the gross figure is unjust and may be driven by allegations of false declaration under the voluntary scheme, noting that statutory procedures apply and appeal is the primary remedy. en-us Fri, 19 May 2017 16:03:18 +0530 Thu, 23 Jan 2025 15:55:54 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=111935 Whether a penalty under section 78 must be calculated after appropriating previously paid tax is disputed where a voluntary compliance payment was made but total assessed liability exceeded it; the department issued an SCN for the gross liability, appropriated the payment, and imposed a penalty on the full assessed amount. The commentator argues that imposing penalty on the gross figure is unjust and may be driven by allegations of false declaration under the voluntary scheme, noting that statutory procedures apply and appeal is the primary remedy. Discussion-Forum Indian Laws Fri, 19 May 2017 16:03:18 +0530 https://www.taxtmi.com/forum/issue?id=111935