2008 (1) TMI 48

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....ERAIYAN, MEMBER (TECHNICAL) Per: Mrs. Archana Wadhwa, Member (Judicial)       The short issue involved in the present appeals of the Revenue is as to whether the Commissioner (Appeals) was justified in setting aside the penalty upon the respondent on the ground that there was no malafide on their part.       For better appreciation, we rep....

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.... D. Patel, Partner of the appellant are set aside." 2.         In as much as the issue involved is bonafide interpretation of notification, we agree with the learned appellate authority that there was no justification for imposition of penalty.  3.         We, accordingly, reject both the appeals filed by th....