https://www.taxtmi.com/caselaws?id=346646 Penalty for service tax on renting of immovable property could not be sustained where the tax and interest were discharged within the statutory period prescribed after presidential assent to the Finance Act, 2012. The Tribunal applied Sections 80(2) and 80A of the Finance Act, 1994 and found that, because the appellant had paid the service tax liability together with interest before the cutoff, the statutory conditions for imposing penalty were not met. The penalties were therefore set aside. en-us Wed, 15 Mar 2017 00:00:00 +0530 Mon, 06 Nov 2017 12:38:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=346646 Penalty for service tax on renting of immovable property could not be sustained where the tax and interest were discharged within the statutory period prescribed after presidential assent to the Finance Act, 2012. The Tribunal applied Sections 80(2) and 80A of the Finance Act, 1994 and found that, because the appellant had paid the service tax liability together with interest before the cutoff, the statutory conditions for imposing penalty were not met. The penalties were therefore set aside. Case-Laws Service Tax Wed, 15 Mar 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=346646