https://www.taxtmi.com/caselaws?id=194130 The Tribunal allowed the appeal, setting aside the penalty imposed under Section 78 of the Finance Act, 1994, due to the circumstances of the case and the declarant's passing before the penalty determination. The appellant, a Chartered Accountant firm, had discrepancies in the declaration made under the Voluntary Compliance Encouragement Scheme, 2013. Despite non-appearance during proceedings, the declarant and legal heirs remitted the undisclosed amount before adjudication, leading to the Tribunal's decision in their favor. en-us Wed, 24 Aug 2016 00:00:00 +0530 Wed, 30 Aug 2017 10:56:06 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=194130 The Tribunal allowed the appeal, setting aside the penalty imposed under Section 78 of the Finance Act, 1994, due to the circumstances of the case and the declarant's passing before the penalty determination. The appellant, a Chartered Accountant firm, had discrepancies in the declaration made under the Voluntary Compliance Encouragement Scheme, 2013. Despite non-appearance during proceedings, the declarant and legal heirs remitted the undisclosed amount before adjudication, leading to the Tribunal's decision in their favor. Case-Laws Service Tax Wed, 24 Aug 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=194130