https://www.taxtmi.com/caselaws?id=156125 Penalty under section 15-A(1)(a) of the U.P. Sales Tax Act cannot be sustained for delayed filing of returns or delayed deposit of tax unless the authority records a finding that the assessee lacked reasonable cause for the default. Mere delay, or failure to seek extension of time, is insufficient by itself to justify penalty. The assessee's voluntary payment of interest, together with the surrounding conduct and the nominal nature of the delays, supported bona fides. On that basis, the penalty orders were set aside and the revisions were allowed. en-us Mon, 08 May 1989 00:00:00 +0530 Fri, 13 Sep 2013 17:48:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=156125 Penalty under section 15-A(1)(a) of the U.P. Sales Tax Act cannot be sustained for delayed filing of returns or delayed deposit of tax unless the authority records a finding that the assessee lacked reasonable cause for the default. Mere delay, or failure to seek extension of time, is insufficient by itself to justify penalty. The assessee's voluntary payment of interest, together with the surrounding conduct and the nominal nature of the delays, supported bona fides. On that basis, the penalty orders were set aside and the revisions were allowed. Case-Laws VAT and Sales Tax Mon, 08 May 1989 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=156125