https://www.taxtmi.com/caselaws?id=156300 The High Court considered the applicability of a circular in penalty proceedings under section 4-B of the Act. The Court found the circular's relevance debatable, impacting the calculation of penalties. As the circular was specifically relied upon by the assessee during proceedings, the Court allowed the revision, quashing the penalty order under section 22. en-us Thu, 27 Jul 1989 00:00:00 +0530 Tue, 17 Sep 2013 17:31:33 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=156300 The High Court considered the applicability of a circular in penalty proceedings under section 4-B of the Act. The Court found the circular's relevance debatable, impacting the calculation of penalties. As the circular was specifically relied upon by the assessee during proceedings, the Court allowed the revision, quashing the penalty order under section 22. Case-Laws VAT and Sales Tax Thu, 27 Jul 1989 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=156300