https://www.taxtmi.com/caselaws?id=30306 Penalty enhancement in revision under the Finance Act, 1994 could not survive once the Tribunal had already held that penalty was not exigible in view of the amnesty scheme. The adjudicating authority and the Commissioner (Appeals) had sustained the demand and penalty, but the earlier Tribunal order had set aside the penalty on merits. In those circumstances, the revisional authority lacked a sustainable basis to enhance the same penalty. The revisionary enhancement was therefore set aside in favour of the assessee. en-us Tue, 15 Jan 2008 00:00:00 +0530 Thu, 05 Feb 2009 20:01:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=30306 Penalty enhancement in revision under the Finance Act, 1994 could not survive once the Tribunal had already held that penalty was not exigible in view of the amnesty scheme. The adjudicating authority and the Commissioner (Appeals) had sustained the demand and penalty, but the earlier Tribunal order had set aside the penalty on merits. In those circumstances, the revisional authority lacked a sustainable basis to enhance the same penalty. The revisionary enhancement was therefore set aside in favour of the assessee. Case-Laws Service Tax Tue, 15 Jan 2008 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=30306