Home Case Index All Cases Service Tax Service Tax + AT Service Tax - 2014 (2) TMI AT This
Forgot password New User/ Regiser ⇒ Register to get Live Demo
2014 (2) TMI 437 - AT - Service TaxRenting of immovable properties - waiver of penalty u/s 80 - Held that:- provisions of Section 80(2) of the Finance Act, 1994 which was inserted w.e.f . 28.05.2012 has been interpreted by the lower authorities is being effective from that date and any payment made prior to that date is not eligible to get the benefit. - the said amendment of Section 80 of the Finance Act, 1994 could be applicable to the payment made by assessee even prior to 28.05.2012, as the spirit of the law is to not to penalize the assesses, but had defaulted the payment of service tax of renting immovable property, due to ratio of judgment which held field during the relevant period. - penalty waived.
|