https://www.taxtmi.com/caselaws?id=352889 Service tax on construction of a residential complex was affirmed because the levy had already been upheld as constitutional, and the related interest liability was also maintained since the tax and interest had been paid. Penalties under Sections 77 and 78 were, however, set aside because taxability remained genuinely disputed during the relevant period, the assessee acted under a bona fide belief, and the transactions had been disclosed. The Tribunal applied the principle of reasonable cause to delete the penal consequences while sustaining the tax and interest demand. en-us Thu, 07 Dec 2017 00:00:00 +0530 Thu, 04 Jan 2018 16:36:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=352889 Service tax on construction of a residential complex was affirmed because the levy had already been upheld as constitutional, and the related interest liability was also maintained since the tax and interest had been paid. Penalties under Sections 77 and 78 were, however, set aside because taxability remained genuinely disputed during the relevant period, the assessee acted under a bona fide belief, and the transactions had been disclosed. The Tribunal applied the principle of reasonable cause to delete the penal consequences while sustaining the tax and interest demand. Case-Laws Service Tax Thu, 07 Dec 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=352889