https://www.taxtmi.com/caselaws?id=357152 The Tribunal upheld the order of the learned Commissioner (Appeals) in favor of the respondent, dismissing the Revenue's appeal against penalties imposed under Sections 77 and 78 of the Finance Act, 1994. The respondent, engaged in 'Commercial Training and Coaching' services, rectified non-compliance promptly upon realizing their tax liability, attributing the oversight to misinformation by a consultant. The Tribunal found the respondent's actions non-malicious, granting relief under Section 80 of the Act for rectification of the default. Penalties were rightly dropped, emphasizing the provision's intent to assist assessees in compliance rectification. en-us Thu, 18 Jan 2018 00:00:00 +0530 Mon, 19 Mar 2018 07:25:38 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=357152 The Tribunal upheld the order of the learned Commissioner (Appeals) in favor of the respondent, dismissing the Revenue's appeal against penalties imposed under Sections 77 and 78 of the Finance Act, 1994. The respondent, engaged in 'Commercial Training and Coaching' services, rectified non-compliance promptly upon realizing their tax liability, attributing the oversight to misinformation by a consultant. The Tribunal found the respondent's actions non-malicious, granting relief under Section 80 of the Act for rectification of the default. Penalties were rightly dropped, emphasizing the provision's intent to assist assessees in compliance rectification. Case-Laws Service Tax Thu, 18 Jan 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=357152