https://www.taxtmi.com/caselaws?id=31585 Where the original authority accepted bona fide conduct and reasonable cause for delayed payment of service tax, revisional enhancement of penalty under Sections 76 and 78 was held unsustainable. The text applies the principle that, once reasonable cause and bona fides are found, revision should not interfere to increase penalty, especially where the delayed tax was later deposited with interest. A contrary precedent was distinguished because the penalties there had not been dropped on any comparable finding of reasonable cause. The appeal accordingly succeeded and the enhanced penalty was set aside. en-us Wed, 09 Jul 2008 00:00:00 +0530 Wed, 10 Dec 2008 19:24:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=31585 Where the original authority accepted bona fide conduct and reasonable cause for delayed payment of service tax, revisional enhancement of penalty under Sections 76 and 78 was held unsustainable. The text applies the principle that, once reasonable cause and bona fides are found, revision should not interfere to increase penalty, especially where the delayed tax was later deposited with interest. A contrary precedent was distinguished because the penalties there had not been dropped on any comparable finding of reasonable cause. The appeal accordingly succeeded and the enhanced penalty was set aside. Case-Laws Service Tax Wed, 09 Jul 2008 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=31585