https://www.taxtmi.com/caselaws?id=780787 CESTAT set aside penalty under Section 78A FA, 1994 imposed on the appellants, holding the SCN and adjudication lacked specific allegations connecting them to manipulation or mis-declaration of taxable services; general allegations were insufficient to justify director-level penalties. Relying on precedent that penalty requires deliberate, contumacious or dishonest conduct, the Tribunal found no such findings and noted that insolvency proceedings and the final resolution plan limited and waived the balance liability. Impugned order quashed and appeal allowed. en-us Thu, 30 Oct 2025 00:00:00 +0530 Thu, 06 Nov 2025 08:47:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=780787 CESTAT set aside penalty under Section 78A FA, 1994 imposed on the appellants, holding the SCN and adjudication lacked specific allegations connecting them to manipulation or mis-declaration of taxable services; general allegations were insufficient to justify director-level penalties. Relying on precedent that penalty requires deliberate, contumacious or dishonest conduct, the Tribunal found no such findings and noted that insolvency proceedings and the final resolution plan limited and waived the balance liability. Impugned order quashed and appeal allowed. Case-Laws Service Tax Thu, 30 Oct 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=780787