https://www.taxtmi.com/caselaws?id=151499 Statutory declarations supporting concessional sales tax under section 3(3) may be accepted at the appellate stage where the Act does not prescribe an inflexible filing deadline, and a rule cannot narrow the statutory benefit by fixing a stricter time limit. Penalty under section 12(3) is confined to assessments made to the best of judgment for an incomplete or incorrect return; where the books are accepted and additions are based on entries already disclosed, the assessment is not best judgment and penalty is not sustainable. en-us Thu, 23 Jun 1977 00:00:00 +0530 Thu, 06 Jun 2013 16:35:06 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=151499 Statutory declarations supporting concessional sales tax under section 3(3) may be accepted at the appellate stage where the Act does not prescribe an inflexible filing deadline, and a rule cannot narrow the statutory benefit by fixing a stricter time limit. Penalty under section 12(3) is confined to assessments made to the best of judgment for an incomplete or incorrect return; where the books are accepted and additions are based on entries already disclosed, the assessment is not best judgment and penalty is not sustainable. Case-Laws VAT and Sales Tax Thu, 23 Jun 1977 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=151499