Tax Management India. Com TMI - Tax Management India. Com
Case Laws Acts / Rules Notifications Circulars Tariff/ ITC HSN Forms Manuals Articles SMS News Highlights
        Home        
Extracts
Home List
← Previous Next →

Whether the penalty under Section 76 of the Finance Act, 1994 can be reduced below the limit prescribed by the section?

Dated:- 4-4-2015 - 20 - Interest and Penalty No. In the case of Port Officer [2010 (7) TMI 167 - GUJRAT HIGH COURT], it was held that so far as Section 76 of the Act is concerned, it is not possible to read any further discretion, further than the di .....

X X X X X X X

Extract - Part text only
Click here to Access Full Contents

X X X X X X X

exceeding 50% of the amount of service tax payable. From this discretion it is not possible to read a further discretion being vested in the authority so as to entitle the authority to levy a penalty below the stipulated limit of one hundred rupees p .....

X X X X X X X

Extract - Part text only
Click here to Access Full Contents

X X X X X X X

 

 

 

 

 

Discussion Forum
what is new what is new
 


|| Home || About us || Feedback || Contact us || Disclaimer || Terms of Use || Privacy Policy || TMI Database || Members ||

© Taxmanagementindia.com [A unit of MS Knowledge Processing Pvt. Ltd.] All rights reserved.

Go to Mobile Version