https://www.taxtmi.com/caselaws?id=384842 The tribunal upheld the demand for service tax and interest on prepayment charges, considering them part of the taxable service of lending. It set aside the penalties under Sections 76, 77, and 78, invoking Section 80 of the Finance Act, 1994, due to the appellant's payment of taxes and interest. The appeals filed by both the appellant and the department were dismissed, except for the waiver of penalties. en-us Wed, 21 Aug 2019 00:00:00 +0530 Wed, 22 Jan 2020 15:51:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=384842 The tribunal upheld the demand for service tax and interest on prepayment charges, considering them part of the taxable service of lending. It set aside the penalties under Sections 76, 77, and 78, invoking Section 80 of the Finance Act, 1994, due to the appellant's payment of taxes and interest. The appeals filed by both the appellant and the department were dismissed, except for the waiver of penalties. Case-Laws Service Tax Wed, 21 Aug 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=384842