https://www.taxtmi.com/caselaws?id=443309 The Tribunal set aside the imposition of penalties on the appellants in a case concerning service tax on "Renting of Immovable Property Services" for the period from 1.6.2007 to 31.3.2012. The appellants had paid the tax liability but disputed the penalties. Legal complexities and constitutional challenges surrounding the taxation were considered, leading to a finding of reasonable cause for delayed payment. Consequently, penalties were deemed unjustified under section 80 of the Finance Act, 1994. The Tribunal allowed the appeals, providing consequential relief as per law, and the decision was pronounced on 20.9.2023. en-us Wed, 20 Sep 2023 00:00:00 +0530 Thu, 21 Sep 2023 07:28:55 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=443309 The Tribunal set aside the imposition of penalties on the appellants in a case concerning service tax on "Renting of Immovable Property Services" for the period from 1.6.2007 to 31.3.2012. The appellants had paid the tax liability but disputed the penalties. Legal complexities and constitutional challenges surrounding the taxation were considered, leading to a finding of reasonable cause for delayed payment. Consequently, penalties were deemed unjustified under section 80 of the Finance Act, 1994. The Tribunal allowed the appeals, providing consequential relief as per law, and the decision was pronounced on 20.9.2023. Case-Laws Service Tax Wed, 20 Sep 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=443309