Amnesty Scheme relief: penalty waived where tax and interest under assessment are paid, otherwise ineligible. Waiver of penalty under the Amnesty Scheme is available where false or misleading records caused a tax deficiency and an assessment for tax and interest was made; if the dealer opts for the Amnesty Scheme and pays the tax and interest stated in the assessment notice (Form DVAT-24), the penalty for preparation of false or misleading accounts shall be waived. If no tax deficiency resulted and only a penalty was imposed for false records, the dealer is ineligible for waiver under the scheme.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Amnesty Scheme relief: penalty waived where tax and interest under assessment are paid, otherwise ineligible.
Waiver of penalty under the Amnesty Scheme is available where false or misleading records caused a tax deficiency and an assessment for tax and interest was made; if the dealer opts for the Amnesty Scheme and pays the tax and interest stated in the assessment notice (Form DVAT-24), the penalty for preparation of false or misleading accounts shall be waived. If no tax deficiency resulted and only a penalty was imposed for false records, the dealer is ineligible for waiver under the scheme.
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