https://www.taxtmi.com/caselaws?id=35553 The Appellate Tribunal considered the imposition of Service Tax demand and penalty due to record destruction for the financial year 2001-2002. The Tribunal acknowledged the income disclosure but noted the lack of consideration for deductions in fixing tax liability. Considering past tax payments and financial difficulties, the Tribunal directed the appellant to deposit Rs. 12,00,000/- within 8 weeks, indicating a prima facie case for waiver. The decision balanced revenue interests with the appellant's financial challenges, emphasizing fair assessment practices and ensuring a just outcome. en-us Wed, 10 Jun 2009 00:00:00 +0530 Mon, 15 Mar 2010 00:00:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=35553 The Appellate Tribunal considered the imposition of Service Tax demand and penalty due to record destruction for the financial year 2001-2002. The Tribunal acknowledged the income disclosure but noted the lack of consideration for deductions in fixing tax liability. Considering past tax payments and financial difficulties, the Tribunal directed the appellant to deposit Rs. 12,00,000/- within 8 weeks, indicating a prima facie case for waiver. The decision balanced revenue interests with the appellant's financial challenges, emphasizing fair assessment practices and ensuring a just outcome. Case-Laws Service Tax Wed, 10 Jun 2009 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=35553