https://www.taxtmi.com/caselaws?id=31781 Waiver of pre-deposit of penalty was held to depend on two cumulative factors: a strong prima facie case and proof of undue financial hardship. The Court stated that, at the waiver stage, the underlying contravention should not be examined in detail, and it accepted the concurrent findings that no sufficient prima facie case had been shown. It also applied the settled meaning of undue hardship as hardship that is excessive or out of proportion, finding that affidavits and income-tax returns did not establish the required level of hardship. The refusal to waive pre-deposit was therefore left undisturbed. en-us Thu, 27 Nov 2008 00:00:00 +0530 Tue, 01 May 2012 14:51:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=31781 Waiver of pre-deposit of penalty was held to depend on two cumulative factors: a strong prima facie case and proof of undue financial hardship. The Court stated that, at the waiver stage, the underlying contravention should not be examined in detail, and it accepted the concurrent findings that no sufficient prima facie case had been shown. It also applied the settled meaning of undue hardship as hardship that is excessive or out of proportion, finding that affidavits and income-tax returns did not establish the required level of hardship. The refusal to waive pre-deposit was therefore left undisturbed. Case-Laws FEMA Thu, 27 Nov 2008 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=31781