Penalty for Unpaid Service Tax Overturned Due to Lack of Intentional Misconduct and Proper Record Keeping.

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....Imposition of penalty and interest - Failure to discharge Service Tax - proper records of the receipt of sales commission by cheque were maitained, duly disclosed in the Income Tax record. Thus, there is no case of deliberate defiance of law or contumacious conduct as mis-statement of facts, and penalty set aside - AT....