https://www.taxtmi.com/caselaws?id=357723 The High Court upheld the decision of the authorities regarding the non-levy of penalty under section 80 of the Finance Act, 1994. The appellant's argument that non-payment of tax should attract a penalty was rejected, with the court emphasizing that in cases involving interpretation issues, penalties may be waived. The Tribunal found the short payment was not deliberate due to confusion over tax rates. Ultimately, the High Court dismissed the appeal, stating no substantial question of law arose in this matter. en-us Wed, 28 Feb 2018 00:00:00 +0530 Thu, 29 Mar 2018 07:28:57 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=357723 The High Court upheld the decision of the authorities regarding the non-levy of penalty under section 80 of the Finance Act, 1994. The appellant's argument that non-payment of tax should attract a penalty was rejected, with the court emphasizing that in cases involving interpretation issues, penalties may be waived. The Tribunal found the short payment was not deliberate due to confusion over tax rates. Ultimately, the High Court dismissed the appeal, stating no substantial question of law arose in this matter. Case-Laws Central Excise Wed, 28 Feb 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=357723