https://www.taxtmi.com/caselaws?id=354813 Penalty under Section 78 of the Finance Act, 1994 required fresh examination because the record indicated that part of the tax and related interest had been paid, while the assessee claimed the benefit of reduced penalty under the proviso had not been considered. The matter was remanded to the Commissioner to reconsider the penalty and determine whether the reduced-penalty option under the proviso to Section 78 was available on the facts. en-us Thu, 09 Nov 2017 00:00:00 +0530 Mon, 05 Feb 2018 08:35:15 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=354813 Penalty under Section 78 of the Finance Act, 1994 required fresh examination because the record indicated that part of the tax and related interest had been paid, while the assessee claimed the benefit of reduced penalty under the proviso had not been considered. The matter was remanded to the Commissioner to reconsider the penalty and determine whether the reduced-penalty option under the proviso to Section 78 was available on the facts. Case-Laws Service Tax Thu, 09 Nov 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=354813