TaxTMI 
TaxTMI 
2012 (9) TMI 923
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....y, Adv. For the Respondent : Mr. S. Zafar Moomis, sr. standing counsel ORDER CM 16101/2012 Exemption is allowed subject to all just exceptions. Application is disposed of. CM 16102/2012 (Delay) In view of the averments made in the application the delay in re- filing the appeal is condoned. Application is disposed of. CEAC 33/2012 and CM 16100/2012 The appellant is aggrieved by an orde....
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....ompany. In addition penalty amounts were directed to be paid by the company?s directors. 3. The appellant approached the Tribunal which accepted the contentions but at the same time directed remit of the remand of the matter for fresh consideration by the adjudicating authority stating as follows: "10. On consideration of the submissions made by the parties and the record we are of the vie....
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....that once the Tribunal remits the matter for consideration, there is no need of pre-deposit of the amount as no demand stands. In these circumstances the direction of the Tribunal cannot be supported in law at all. This Court has considered the submissions. The show cause notice issued to the assessee culminated into a demand of penalty. The order of the Tribunal had the effect of setting at nough....