Appellate authority power to increase penalties is limited; payment of tax and interest can justify mitigation of penalty. Appellate authority does not have power to increase or impose a fresh penalty; payment of tax and interest that neutralises pecuniary advantage is ... Summary
Appellate authority power to increase penalties is limited; payment of tax and interest can justify mitigation of penalty.
Appellate authority does not have power to increase or impose a fresh penalty; payment of tax and interest that neutralises pecuniary advantage is relevant for mitigation, and taxpayer status and proportionality are material in assessing whether a revised penalty is unduly harsh under the statutory penalty framework.
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