TaxTMI 
TaxTMI 
2018 (6) TMI 115
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....ted against orders-in-appeal No. SK/159-162/Th-II/2017 dated 25.05.2017. 2. None appeared for the respondent despite notice. Since the issue lies in a narrow compass, the appeals are taken up for disposal even in the absence of any representative from the respondent. 3. The issue that falls for consideration in these appeals of Revenue, is whether the first appellate authority was correct in set....
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.... set aside the penalties imposed. For setting aside the penalties, the first appellate authority has recorded that there is intention to evade duty, as the records of the respondent were audited by the audit party during the relevant period in question i.e. March, 2012 to December, 2012. 5. Learned D.R. would draw my attention to the facts of the case. He would submit that the demands have been r....
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.....R. and on perusal of records, it noticed and undisputed that the respondent-assessee has paid all the demand with interest before the issuance of show-cause notice on being pointed out by Revenue authorities. It is also undisputed that the records of the respondent-assessee's were audited by the audit party regularly during the period in question. 6.1 In my considered view, if the respondent-ass....