https://www.taxtmi.com/caselaws?id=65859 Penalty for alleged false returns and turnover discrepancies under the M.P. General Sales Tax Act, 1958 was held unsustainable where the account variations were minor, proceedings were initiated after a long delay, and the record did not show any intent to evade tax or furnish false returns. Mere untenable claims for deduction as tax-free sales did not, by themselves, establish falsity. As the sales related to waste and obsolete materials and guilty intention was not proved, the statutory foundation for penalty was absent and the penalties were set aside. en-us Wed, 17 Nov 1976 00:00:00 +0530 Sat, 02 Jan 2016 11:48:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=65859 Penalty for alleged false returns and turnover discrepancies under the M.P. General Sales Tax Act, 1958 was held unsustainable where the account variations were minor, proceedings were initiated after a long delay, and the record did not show any intent to evade tax or furnish false returns. Mere untenable claims for deduction as tax-free sales did not, by themselves, establish falsity. As the sales related to waste and obsolete materials and guilty intention was not proved, the statutory foundation for penalty was absent and the penalties were set aside. Case-Laws VAT and Sales Tax Wed, 17 Nov 1976 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=65859