The Bench opined that merely because one individual was a director in both companies could not justify lifting the corporate veil

The Tribunal observed that a partnership firm and its partners are not separate excisable entities and payment made by a partner can be adjusted against the liability of the firm

The authority also clarified that Scania does not qualify as a “small company” under Section 2(85), and therefore the benefit of lesser penalty under Section 446B was not available.