https://www.taxtmi.com/caselaws?id=360354 The appellant-assessee appealed against the first appellate authority's decision that reduced the tax demand and penalties, with the authority finding the demand unsustainable before May 2010 due to lack of evidence of tax evasion intent. The Revenue appealed against the dropped amount, arguing for tax liability on renting immovable property from June 2007. The Tribunal upheld the appellant's tax liability from June 2007, noting the appellant's payment of taxes and the reasonableness of their belief in non-taxability. The Tribunal dismissed the Revenue's appeal, citing the appellant's compliance and invoking section 80 of the Finance Act, 1994, to waive penalties. en-us Fri, 29 Dec 2017 00:00:00 +0530 Wed, 16 May 2018 06:43:14 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=360354 The appellant-assessee appealed against the first appellate authority's decision that reduced the tax demand and penalties, with the authority finding the demand unsustainable before May 2010 due to lack of evidence of tax evasion intent. The Revenue appealed against the dropped amount, arguing for tax liability on renting immovable property from June 2007. The Tribunal upheld the appellant's tax liability from June 2007, noting the appellant's payment of taxes and the reasonableness of their belief in non-taxability. The Tribunal dismissed the Revenue's appeal, citing the appellant's compliance and invoking section 80 of the Finance Act, 1994, to waive penalties. Case-Laws Service Tax Fri, 29 Dec 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=360354