https://www.taxtmi.com/caselaws?id=347662 The Tribunal allowed the appeal partly, dropping the penalty under section 76 for evasion post 10.5.2008 but sustaining penalties under sections 76 and 78 for the period before that date. It clarified that the amendment barring simultaneous penalties operated prospectively and emphasized the discretion of the appellate authority in penalty imposition. The matter was remanded for quantifying tax evasion separately for periods before and after 10.5.2008. en-us Fri, 28 Jul 2017 00:00:00 +0530 Fri, 08 Sep 2017 06:59:06 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=347662 The Tribunal allowed the appeal partly, dropping the penalty under section 76 for evasion post 10.5.2008 but sustaining penalties under sections 76 and 78 for the period before that date. It clarified that the amendment barring simultaneous penalties operated prospectively and emphasized the discretion of the appellate authority in penalty imposition. The matter was remanded for quantifying tax evasion separately for periods before and after 10.5.2008. Case-Laws Service Tax Fri, 28 Jul 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=347662