https://www.taxtmi.com/caselaws?id=155739 Penalty under section 16(1)(e) of the Rajasthan Sales Tax Act was confined to cases of conscious concealment or deliberate furnishing of inaccurate particulars in the return. Mere rejection of the dealer's explanation was insufficient to attract the penal provision. Where the transaction had been disclosed in the books of account produced before the tax authorities and the omission from the return arose from the dealer's bona fide stand that the transaction was not exigible to sales tax, the necessary element of concealment or deliberate inaccuracy was absent. The penalty was therefore not attracted, and the Tribunal's deletion of the penalty was upheld. en-us Fri, 03 Feb 1989 00:00:00 +0530 Sat, 07 Sep 2013 14:38:57 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=155739 Penalty under section 16(1)(e) of the Rajasthan Sales Tax Act was confined to cases of conscious concealment or deliberate furnishing of inaccurate particulars in the return. Mere rejection of the dealer's explanation was insufficient to attract the penal provision. Where the transaction had been disclosed in the books of account produced before the tax authorities and the omission from the return arose from the dealer's bona fide stand that the transaction was not exigible to sales tax, the necessary element of concealment or deliberate inaccuracy was absent. The penalty was therefore not attracted, and the Tribunal's deletion of the penalty was upheld. Case-Laws VAT and Sales Tax Fri, 03 Feb 1989 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=155739