2013 (5) TMI 368

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..... Panda:- Learned counsel Shri Bipin Garg earnestly prays that the penalty under Section 76 of the Finance Act, 1994 may be waived considering the financial difficulties coming out from para 3 of adjudication order. He submits that there was no deliberate breach to make default for deposit of the demand. The appellant having discharged the tax liability in the meantime and of course with delay, sh .....

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..... concession in penalty otherwise the first appeal order shall stand confirm. 4. With the aforesaid direction, appeal is disposed. So also stay application gets disposed. 5. Appeal is partly allowed. (Dictated and pronounced in open court)                          &nb .....

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