2015 (9) TMI 633

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....ue : Shri J Nair ( Authorised Representative) Per : Mr. H K Thakur; This appeal has been filed by the appellant against OIA-PJ/115/VDR-II/2013-14 dt 23.5.2013. The issue involved is regarding imposition of penalties upon the appellant under Sections 76, 77 and 78 of the Finance Act 1994 in view of the introduction of Section 80(2) of the Finance Act 1994. 2. Shri S R Dixit (Advocate) appearing ....

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....ed that there was a dispute with respect to chargeability of service tax on 'Renting of Immovable Property' and certain retrospective amendments were carried out only in 2010. Section 80(2) reproduced below was added to Section 80 of the Finance act 1994 with effect from 6.3.2012 : "Not withstanding anything contained in the provisions of section 76 or section 77 or section 78, no penalty shall b....