https://www.taxtmi.com/highlights?id=65735 Levy of penalty - suppression of facts or not - It is relevant to note that upon being pointed out during the audit, the assessee has promptly made the payment of tax with interest and requested not to issue any show-cause notice. - In the absence of the conditions contained in Section 78 of the Finance Act, the imposition of penalty is not sustainable - HC en-us Wed, 21 Sep 2022 12:35:38 +0530 Wed, 21 Sep 2022 12:35:38 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=65735 Levy of penalty - suppression of facts or not - It is relevant to note that upon being pointed out during the audit, the assessee has promptly made the payment of tax with interest and requested not to issue any show-cause notice. - In the absence of the conditions contained in Section 78 of the Finance Act, the imposition of penalty is not sustainable - HC Highlights Service Tax Wed, 21 Sep 2022 12:35:38 +0530 https://www.taxtmi.com/highlights?id=65735