https://www.taxtmi.com/caselaws?id=152403 The court found that the penalty imposed by exhibit P8 order was time-barred, but penalties imposed through exhibits P4 to P7 were not time-barred. The court acknowledged the petitioner's compliance with exhibit P2 order for 22 months but noted that it was not statutorily recognized. The challenge to exhibit P8 order and revisions against exhibits P5 to P7 were deemed time-barred. The court emphasized that penal interest accrues automatically under the Sales Tax Act. The appeal was allowed, quashing orders on exhibits P5 to P7 revisions and affirming findings on exhibits P4 and P8 orders. en-us Wed, 08 Nov 1978 00:00:00 +0530 Tue, 02 Jul 2013 17:56:29 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=152403 The court found that the penalty imposed by exhibit P8 order was time-barred, but penalties imposed through exhibits P4 to P7 were not time-barred. The court acknowledged the petitioner's compliance with exhibit P2 order for 22 months but noted that it was not statutorily recognized. The challenge to exhibit P8 order and revisions against exhibits P5 to P7 were deemed time-barred. The court emphasized that penal interest accrues automatically under the Sales Tax Act. The appeal was allowed, quashing orders on exhibits P5 to P7 revisions and affirming findings on exhibits P4 and P8 orders. Case-Laws VAT and Sales Tax Wed, 08 Nov 1978 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=152403