https://www.taxtmi.com/highlights?id=61724 Restoration of penalty imposed u/s 76, 77 and 78 of FA - On being pointed out, the assessee has immediately paid the service tax along with interest. Given this factual matrix, we are inclined to conclude that these were mere careless mistakes by the assessee without any intention to evade service tax. They fall within the scope of reasonable cause for failure the cause being ignorance or lack of due care. Therefore, the case falls within the mischief of Section 80 of the Finance Act, 1994. - No penalty - AT en-us Tue, 01 Feb 2022 08:30:02 +0530 Tue, 01 Feb 2022 08:30:02 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=61724 Restoration of penalty imposed u/s 76, 77 and 78 of FA - On being pointed out, the assessee has immediately paid the service tax along with interest. Given this factual matrix, we are inclined to conclude that these were mere careless mistakes by the assessee without any intention to evade service tax. They fall within the scope of reasonable cause for failure the cause being ignorance or lack of due care. Therefore, the case falls within the mischief of Section 80 of the Finance Act, 1994. - No penalty - AT Highlights Service Tax Tue, 01 Feb 2022 08:30:02 +0530 https://www.taxtmi.com/highlights?id=61724