https://www.taxtmi.com/highlights?id=36604 Levy of penalty at reduced rate of 25% of tax - assessee sought full waiver - The authority has used his discretionary power, which he is empowered u/s 78- The reduction of penalty from the original amount to 25% is not contrary to Section 78 and hence, it is valid - HC en-us Fri, 13 Oct 2017 11:00:14 +0530 Fri, 13 Oct 2017 11:00:14 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=36604 Levy of penalty at reduced rate of 25% of tax - assessee sought full waiver - The authority has used his discretionary power, which he is empowered u/s 78- The reduction of penalty from the original amount to 25% is not contrary to Section 78 and hence, it is valid - HC Highlights Service Tax Fri, 13 Oct 2017 11:00:14 +0530 https://www.taxtmi.com/highlights?id=36604