https://www.taxtmi.com/caselaws?id=451018 CESTAT Allahabad set aside personal penalty imposed on appellant under Section 78A of Finance Act, 1994. The tribunal held that penalty under Section 78A can only be imposed on persons who were in charge of and responsible for company's business conduct at the time of contravention and were knowingly concerned with such contravention. Original authority failed to examine appellant's submissions regarding supplementary agreement and made no finding that appellant was responsible for firm's business conduct during contravention. Appeal allowed. en-us Wed, 06 Mar 2024 00:00:00 +0530 Tue, 19 Mar 2024 08:40:08 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=451018 CESTAT Allahabad set aside personal penalty imposed on appellant under Section 78A of Finance Act, 1994. The tribunal held that penalty under Section 78A can only be imposed on persons who were in charge of and responsible for company's business conduct at the time of contravention and were knowingly concerned with such contravention. Original authority failed to examine appellant's submissions regarding supplementary agreement and made no finding that appellant was responsible for firm's business conduct during contravention. Appeal allowed. Case-Laws Service Tax Wed, 06 Mar 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=451018