https://www.taxtmi.com/caselaws?id=373947 The Tribunal overturned the confirmation of demand for tax on amounts not received from customers and on bad debts for the period from 2005-06 to 2008-09. The appellant's argument to restrict tax liability to actual receipts post-introduction of relevant legislation was accepted. The Tribunal found flaws in the order confirming tax liability, ruling that the disputed tax amount was not leviable at the time of issuance of the show cause notice. Additionally, the imposition of penalties under section 78 of the Finance Act, 1994 was deemed inappropriate, leading to the setting aside of tax and penalties imposed in the impugned order. en-us Thu, 17 Jan 2019 00:00:00 +0530 Wed, 23 Jan 2019 07:36:53 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=373947 The Tribunal overturned the confirmation of demand for tax on amounts not received from customers and on bad debts for the period from 2005-06 to 2008-09. The appellant's argument to restrict tax liability to actual receipts post-introduction of relevant legislation was accepted. The Tribunal found flaws in the order confirming tax liability, ruling that the disputed tax amount was not leviable at the time of issuance of the show cause notice. Additionally, the imposition of penalties under section 78 of the Finance Act, 1994 was deemed inappropriate, leading to the setting aside of tax and penalties imposed in the impugned order. Case-Laws Service Tax Thu, 17 Jan 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=373947