https://www.taxtmi.com/caselaws?id=128501 A belated return accepted by the assessing authority and assessed on that basis is treated as an original assessment under section 14(1) of the Andhra Pradesh General Sales Tax Act. On that footing, penalty under section 14(3) is not attracted because that provision applies where no return is filed within time and a best judgment assessment is made after notice and inquiry. Section 14(4) also does not apply, because it concerns turnover that escaped assessment, was under-assessed, or was assessed at too low a rate. Where the late return is taken up and completed as the basis of assessment, penalty is not leviable under either provision. en-us Wed, 23 Mar 1960 00:00:00 +0530 Sat, 06 Apr 2013 15:19:43 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=128501 A belated return accepted by the assessing authority and assessed on that basis is treated as an original assessment under section 14(1) of the Andhra Pradesh General Sales Tax Act. On that footing, penalty under section 14(3) is not attracted because that provision applies where no return is filed within time and a best judgment assessment is made after notice and inquiry. Section 14(4) also does not apply, because it concerns turnover that escaped assessment, was under-assessed, or was assessed at too low a rate. Where the late return is taken up and completed as the basis of assessment, penalty is not leviable under either provision. Case-Laws VAT and Sales Tax Wed, 23 Mar 1960 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=128501