2016 (1) TMI 347

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..... certain payments against which tax was not paid, the assessee contended that it was under bona fide belief that the amount received prior to insertion of explanation to section 67 would not invite tax. Under the insistence of departmental authority, they nevertheless, paid the entire tax along with interest on 4.1.2006, upon which a show cause notice was issued for imposition of penalty. When t .....

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..... n 67 of the Finance Act, 1994? 2. Whether the Hon'ble CESTAT, WZB, Ahmedabad is right in setting aside penalties without a reasonable cause being shown by the assessee as contained in the Finance Act, 1994, or Rules made there under? As can be seen from the question, the issue pertains to penalty levied by the authorities which the Tribunal deleted by the impugned judgement. Section 80 .....

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..... s the taxable service before, during or after provision of such service. When the department found that the assessee had received certain payments against which tax was not paid, the assessee contended that it was under bona fide belief that the amount received prior to insertion of explanation to section 67 would not invite tax. Under the insistence of departmental authority, they nevertheles .....

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