https://www.taxtmi.com/caselaws?id=68831 Penalty for filing revised returns was held unwarranted where the assessee had, on a bona fide view, excluded transport charges and agency commission from turnover as not forming part of sale price. Once the departmental position was clarified, the assessee filed revised returns including those amounts and paid tax. The record did not show mala fide conduct, deliberate concealment, or a false return, so penalty under section 17(3) of the M.P. General Sales Tax Act, 1958 was set aside. en-us Mon, 24 Nov 1975 00:00:00 +0530 Fri, 01 Apr 2011 18:57:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=68831 Penalty for filing revised returns was held unwarranted where the assessee had, on a bona fide view, excluded transport charges and agency commission from turnover as not forming part of sale price. Once the departmental position was clarified, the assessee filed revised returns including those amounts and paid tax. The record did not show mala fide conduct, deliberate concealment, or a false return, so penalty under section 17(3) of the M.P. General Sales Tax Act, 1958 was set aside. Case-Laws Income Tax Mon, 24 Nov 1975 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=68831