https://www.taxtmi.com/caselaws?id=65871 Penalty under section 17(3) was held unsustainable where the dealer acted bona fide, paid tax promptly on the revised return, and disclosed additional turnover once the relevant information became available. The text also states that statutory declarations in Form XII-A, required for concessional assessment, had to be produced at assessment stage, but further opportunity was justified because circumstances following nationalisation of the coal mines affected the assessee's ability to obtain them. The matter was remanded for reconsideration after granting another chance to file the declarations. en-us Tue, 14 Feb 1978 00:00:00 +0530 Sat, 02 Jan 2016 12:03:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=65871 Penalty under section 17(3) was held unsustainable where the dealer acted bona fide, paid tax promptly on the revised return, and disclosed additional turnover once the relevant information became available. The text also states that statutory declarations in Form XII-A, required for concessional assessment, had to be produced at assessment stage, but further opportunity was justified because circumstances following nationalisation of the coal mines affected the assessee's ability to obtain them. The matter was remanded for reconsideration after granting another chance to file the declarations. Case-Laws VAT and Sales Tax Tue, 14 Feb 1978 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=65871