https://www.taxtmi.com/caselaws?id=355833 The Tribunal allowed the appeal by remanding the case to the adjudicating authority for a review of the tax liability. It acknowledged the appellants' arguments on the calculation methodology based on a seized notebook and penalties imposed under the Finance Act, 1994. The Tribunal directed reassessment of tax liability by deducting amounts not received, aligning penalty quantum with the revised tax liability, and setting aside the penalty under section 76. This decision aimed to ensure fairness and accuracy in determining the tax liability for the cable operator service provider. en-us Thu, 07 Dec 2017 00:00:00 +0530 Tue, 20 Feb 2018 06:04:54 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=355833 The Tribunal allowed the appeal by remanding the case to the adjudicating authority for a review of the tax liability. It acknowledged the appellants' arguments on the calculation methodology based on a seized notebook and penalties imposed under the Finance Act, 1994. The Tribunal directed reassessment of tax liability by deducting amounts not received, aligning penalty quantum with the revised tax liability, and setting aside the penalty under section 76. This decision aimed to ensure fairness and accuracy in determining the tax liability for the cable operator service provider. Case-Laws Service Tax Thu, 07 Dec 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=355833