https://www.taxtmi.com/caselaws?id=343346 The Tribunal upheld penalties imposed under Sections 76 and 78 of the Finance Act 1994 for one agency but deemed penalty imposition unlawful for the other agency based on a Gujarat High Court judgment. The appellants failed to deposit collected Service Tax, citing the proprietor's accident as a reason. The Tribunal found their explanation lacking and emphasized the importance of fulfilling tax obligations promptly. One appeal was rejected, while the other had the penalty under Sec. 76 set aside. en-us Fri, 10 Mar 2017 00:00:00 +0530 Tue, 23 May 2017 07:57:20 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=343346 The Tribunal upheld penalties imposed under Sections 76 and 78 of the Finance Act 1994 for one agency but deemed penalty imposition unlawful for the other agency based on a Gujarat High Court judgment. The appellants failed to deposit collected Service Tax, citing the proprietor's accident as a reason. The Tribunal found their explanation lacking and emphasized the importance of fulfilling tax obligations promptly. One appeal was rejected, while the other had the penalty under Sec. 76 set aside. Case-Laws Service Tax Fri, 10 Mar 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=343346