https://www.taxtmi.com/caselaws?id=33475 Penalty under Section 78 of the Finance Act, 1994 cannot be sustained without findings of fraud, collusion, wilful misstatement, or suppression of facts. Where the original authority found no such elements and applied Section 80 to decline penalty, revisional enhancement was not justified in the absence of material showing illegality in that order. The Tribunal therefore restored the original authority's order, and the challenge to that restoration failed. en-us Thu, 12 Feb 2009 00:00:00 +0530 Thu, 04 Apr 2013 14:32:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=33475 Penalty under Section 78 of the Finance Act, 1994 cannot be sustained without findings of fraud, collusion, wilful misstatement, or suppression of facts. Where the original authority found no such elements and applied Section 80 to decline penalty, revisional enhancement was not justified in the absence of material showing illegality in that order. The Tribunal therefore restored the original authority's order, and the challenge to that restoration failed. Case-Laws Service Tax Thu, 12 Feb 2009 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=33475