https://www.taxtmi.com/caselaws?id=155581 Penalty under the Rajasthan Sales Tax Act was sustained where the assessee, on oath, admitted that unaccounted taxable goods were found in stock and that tax had not been paid. On that categorical admission, the assessing authority was justified in imposing penalty, and objections based on alleged inadequate opportunity or on the fact that the amount was not deposited in the treasury did not displace the substantive liability. The Tribunal and appellate authority were therefore not justified in setting aside the penalty order. en-us Thu, 01 Sep 1988 00:00:00 +0530 Thu, 05 Sep 2013 15:43:12 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=155581 Penalty under the Rajasthan Sales Tax Act was sustained where the assessee, on oath, admitted that unaccounted taxable goods were found in stock and that tax had not been paid. On that categorical admission, the assessing authority was justified in imposing penalty, and objections based on alleged inadequate opportunity or on the fact that the amount was not deposited in the treasury did not displace the substantive liability. The Tribunal and appellate authority were therefore not justified in setting aside the penalty order. Case-Laws VAT and Sales Tax Thu, 01 Sep 1988 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=155581