2006 (1) TMI 612

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

.... ORDER M.V. Ravindran, Judicial Member - The Revenue has filed all these appeals against the orders-in-appeal wherein the penalties on all the respondents were set aside by the Commissioner (Appeals). 2. Heard both sides and perused the record. The Revenue is aggrieved with the orders-in-appeal wherein the Commissioner (Appeals) has set aside the penalty imposed on all the respondents, who ....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....ind that there are a catena of decisions of various appellate fora to the effect that in the initial stages of introduction of this public oriented wide spread new levy, many of new assessees being ignorant, such procedural delays in taking up of registration and consequent filing of the returns etc. a lenient view can be taken. This was precisely the reason as to why many new Voluntary Disclosure....