2017 (5) TMI 890

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... of property tax amount paid are available and finding of lower authorities rejecting the same are unsustainable. Penalty u/s 76 of FA - Held that: - since the issue was in dispute and retrospective amendments was made and one of the issue is still pending before the apex Court, the appellant has made out a justifiable cause for setting aside the penalty as per Section 80 of the FA, 1994 as app .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... able of Property Service for the period April 2009 to September 2009 or otherwise. 4. Learned Counsel submits that, as against the confirmed demand of ₹ 2,38,381/-, they have already paid an amount of ₹ 2,29,056/- after availing abatement of property tax. Interest on the said amount of ₹ 24,944/- is also discharged. It is his submission, that due to calculation error they did .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... roperty tax receipts are in the name of Shri Dilip Radheyshyam Zunzunwala. We find from the appeal memorandum that the appeal memorandum has been signed by Shri Dilip Radheyshyam Zunzunwala as Director of the appellant. Since Shri Dilip Radheyshyam Zunzunwala is the Director of the appellant and the property tax has been discharged on the property from where the appellant is conducting its busines .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X