https://www.taxtmi.com/caselaws?id=382874 The Tribunal upheld the appellant's liability for service tax and interest on renting immovable property, as acknowledged by the appellant. However, it set aside all penalties, including those under Section 78, citing confusion resolved by a retrospective amendment in the Finance Act, 2010. The Tribunal applied Section 80 of the Finance Act, 1994, granting a waiver of penalties due to legal developments. The appeal was allowed, maintaining the service tax and interest obligations but waiving all penalties. en-us Mon, 29 Apr 2019 00:00:00 +0530 Mon, 11 Nov 2024 17:10:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=382874 The Tribunal upheld the appellant's liability for service tax and interest on renting immovable property, as acknowledged by the appellant. However, it set aside all penalties, including those under Section 78, citing confusion resolved by a retrospective amendment in the Finance Act, 2010. The Tribunal applied Section 80 of the Finance Act, 1994, granting a waiver of penalties due to legal developments. The appeal was allowed, maintaining the service tax and interest obligations but waiving all penalties. Case-Laws Service Tax Mon, 29 Apr 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=382874