2016 (3) TMI 781

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....ri Sujit Kotian, Adv For the Respondent : Shri B Kumar Iyer, Supdt. (AR) ORDER Per M. V. Ravindran When this matter was called out we find that the issue involved in this case lies in a narrow compass accordingly we take up the application for disposal. 2. On perusal of the same we find that the issue can be disposed of summarily accordingly we allow the application for out-of-turn ....

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....he earlier period for which tax liability has been confirmed. 5. On perusal of the records we find the provisions of 78A of the Finance Act, 1994 which brought into statute with effect from 10.05.2013 reads as under:- "Penalty for offences by director, etc., of company 78A. Where a company has committed any of the following contraventions, namely:- (a) evasion of serv....