https://www.taxtmi.com/caselaws?id=155879 Wilful suppression of turnover under the Tamil Nadu General Sales Tax Act justified penalty under section 12(3), because the turnover was disclosed only belatedly and the surrounding circumstances, including delivery instructions and the dealer's account entries, showed an outright sale rather than mere custody or finance. The court also held that the assessee could not rely on an earlier case involving best judgment assessment, since the present assessment was not made on that basis. On these facts, the non-disclosure was treated as deliberate, the Tribunal's cancellation of penalty was set aside, and the penalty imposed by the assessing authority and affirmed on appeal was restored. en-us Tue, 20 Jan 1987 00:00:00 +0530 Mon, 09 Sep 2013 17:54:48 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=155879 Wilful suppression of turnover under the Tamil Nadu General Sales Tax Act justified penalty under section 12(3), because the turnover was disclosed only belatedly and the surrounding circumstances, including delivery instructions and the dealer's account entries, showed an outright sale rather than mere custody or finance. The court also held that the assessee could not rely on an earlier case involving best judgment assessment, since the present assessment was not made on that basis. On these facts, the non-disclosure was treated as deliberate, the Tribunal's cancellation of penalty was set aside, and the penalty imposed by the assessing authority and affirmed on appeal was restored. Case-Laws VAT and Sales Tax Tue, 20 Jan 1987 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=155879