https://www.taxtmi.com/caselaws?id=154189 Failure to file separate monthly returns within the prescribed time attracted penalty, because a consolidated return for February and March did not satisfy the statutory requirement of one return for each month. The Court treated the default as falling within section 12(4)(ii) and held that section 12(5)(ii) penalty was properly imposed. The challenge failed because the assessee's filing did not amount to compliance with the monthly return obligation. en-us Wed, 18 Jan 1984 00:00:00 +0530 Sat, 10 Aug 2013 09:47:17 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=154189 Failure to file separate monthly returns within the prescribed time attracted penalty, because a consolidated return for February and March did not satisfy the statutory requirement of one return for each month. The Court treated the default as falling within section 12(4)(ii) and held that section 12(5)(ii) penalty was properly imposed. The challenge failed because the assessee's filing did not amount to compliance with the monthly return obligation. Case-Laws VAT and Sales Tax Wed, 18 Jan 1984 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=154189