https://www.taxtmi.com/caselaws?id=154777 Penalty for delayed filing of returns under section 12(5)(ii) of the Tamil Nadu General Sales Tax Act, 1959 had to be calculated on the actual number of days of delay, even though the provision used the words "for each month or part thereof". The Madras HC treated that wording as materially identical to the expression previously construed under section 24(3) of the same Act and held that it did not require a full-month computation for a fractional delay period. The Tribunal's approach was therefore consistent with the correct interpretation, and the Revenue's challenge failed. en-us Tue, 05 Feb 1985 00:00:00 +0530 Tue, 27 Aug 2013 14:14:09 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=154777 Penalty for delayed filing of returns under section 12(5)(ii) of the Tamil Nadu General Sales Tax Act, 1959 had to be calculated on the actual number of days of delay, even though the provision used the words "for each month or part thereof". The Madras HC treated that wording as materially identical to the expression previously construed under section 24(3) of the same Act and held that it did not require a full-month computation for a fractional delay period. The Tribunal's approach was therefore consistent with the correct interpretation, and the Revenue's challenge failed. Case-Laws VAT and Sales Tax Tue, 05 Feb 1985 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=154777