https://www.taxtmi.com/caselaws?id=374394 The Tribunal affirmed the Commissioner's decision to set aside the penalties imposed under sections 77 and 78 of the Finance Act. The appeal challenging the penalty imposition was dismissed as the adjudicating authority failed to establish suppression or misstatement against the appellant. The Tribunal emphasized compliance with audit observations and upheld the Commissioner's findings that penalties under section 78 cannot be imposed for incorrect filing of returns. The order was pronounced on 25.01.2019. en-us Fri, 25 Jan 2019 00:00:00 +0530 Fri, 28 Jun 2019 11:43:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=374394 The Tribunal affirmed the Commissioner's decision to set aside the penalties imposed under sections 77 and 78 of the Finance Act. The appeal challenging the penalty imposition was dismissed as the adjudicating authority failed to establish suppression or misstatement against the appellant. The Tribunal emphasized compliance with audit observations and upheld the Commissioner's findings that penalties under section 78 cannot be imposed for incorrect filing of returns. The order was pronounced on 25.01.2019. Case-Laws Service Tax Fri, 25 Jan 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=374394