https://www.taxtmi.com/caselaws?id=127460 Under the Bombay Sales Tax Act, 1946, liability to tax, assessment of tax, and the stage when tax becomes payable are distinct. The High Court construed section 12(3A) in the statutory scheme of sections 5, 11 and 12(4) and held that penalty is attracted only when tax has become payable within that scheme, including tax shown in late returns and assessed tax not paid after notice of demand. The penalty could not be treated as automatically extending to the full amount ultimately found due in every case, and the penalty order had to be modified to reflect the amount properly covered by delayed payment. en-us Mon, 20 Feb 1956 00:00:00 +0530 Mon, 11 Mar 2013 09:36:55 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=127460 Under the Bombay Sales Tax Act, 1946, liability to tax, assessment of tax, and the stage when tax becomes payable are distinct. The High Court construed section 12(3A) in the statutory scheme of sections 5, 11 and 12(4) and held that penalty is attracted only when tax has become payable within that scheme, including tax shown in late returns and assessed tax not paid after notice of demand. The penalty could not be treated as automatically extending to the full amount ultimately found due in every case, and the penalty order had to be modified to reflect the amount properly covered by delayed payment. Case-Laws VAT and Sales Tax Mon, 20 Feb 1956 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=127460