https://www.taxtmi.com/caselaws?id=347336 The Tribunal upheld the Commissioner (Appeals) decision to delete the penalty under Section 78 of the Finance Act, citing no deliberate defiance of the law but only a delayed tax deposit by the respondent due to financial difficulties. The Revenue's appeal was dismissed, affirming the deletion of the penalty, and the respondent-assessee was entitled to consequential benefits as per the law. en-us Fri, 07 Jul 2017 00:00:00 +0530 Sat, 02 Sep 2017 11:17:53 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=347336 The Tribunal upheld the Commissioner (Appeals) decision to delete the penalty under Section 78 of the Finance Act, citing no deliberate defiance of the law but only a delayed tax deposit by the respondent due to financial difficulties. The Revenue's appeal was dismissed, affirming the deletion of the penalty, and the respondent-assessee was entitled to consequential benefits as per the law. Case-Laws Service Tax Fri, 07 Jul 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=347336