Subscription   Feedback   New User   Login      
Tax Management India .com
TMI - Tax Management India. Com
Articles Highlights TMI Notes SMS News Newsletters Calendar Imp. Links Database Experts Contact us More....
Extracts
Home List
← Previous Next →

Whether Appellate authority has empowered to increase the penalty? Whether Appellate authority can impose a fresh penalty?

Dated:- 6-4-2015 - 20 - Interest and Penalty No. In the case of Ghanshyam Textiles [2006 (10) TMI 423 - CESTAT MUMBAI] , it was held that penalty imposed by the Commissioner (Appeals) is unduly harsh. I therefore, following the ratio of the AR. Ashis .....

X X X X X X X

Extract - Part text only
Click here to Access Full Contents

X X X X X X X

AI], it was held that appellant has paid the tax amount in full and also the interest amount which is about 30% of the tax amount. As such, any pecuniary advantage gained by the appellant is neutralised by payment of interest. The appellant s case sq .....

X X X X X X X

Extract - Part text only
Click here to Access Full Contents

X X X X X X X

 

 

 

 

 

what is new what is new
  ↓     bird's eye view     ↓  


|| Home || Acts and Rules || Notifications || Circulars || Schedules || Tariff || Forms || Case Laws || Manuals ||

|| About us || Contact us || Disclaimer || Terms of Use || Privacy Policy || TMI Database || Members || Site Map ||

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

Go to Mobile Version