https://www.taxtmi.com/caselaws?id=353641 The Tribunal set aside the penalty imposed under section 78 of the Finance Act, citing the appellant's bona fide belief due to confusion in the field and subsequent circulars accepting court decisions. The Tribunal found no evidence of mala fide intent on the part of the assessee and allowed the appeal to that extent. The demand for tax and interest was upheld as uncontested by the appellant. en-us Wed, 13 Dec 2017 00:00:00 +0530 Tue, 09 Jan 2018 08:16:27 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=353641 The Tribunal set aside the penalty imposed under section 78 of the Finance Act, citing the appellant's bona fide belief due to confusion in the field and subsequent circulars accepting court decisions. The Tribunal found no evidence of mala fide intent on the part of the assessee and allowed the appeal to that extent. The demand for tax and interest was upheld as uncontested by the appellant. Case-Laws Service Tax Wed, 13 Dec 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=353641