https://www.taxtmi.com/caselaws?id=156547 In the absence of any statutory or rule-based time-limit for filing a revised return, a revised return cannot be treated as belated for penal action under section 12(5)(ii) of the Tamil Nadu General Sales Tax Act, and penalty on that basis is not justified. However, where the return is factually incorrect, section 12(5)(iii) may still apply and the related penalty is sustained. The commentary therefore distinguishes between delayed revision of a return, which does not attract penalty without a prescribed deadline, and submission of an incorrect return, which remains liable to the statutory penal provision. en-us Thu, 20 Jun 1991 00:00:00 +0530 Sat, 21 Sep 2013 15:23:54 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=156547 In the absence of any statutory or rule-based time-limit for filing a revised return, a revised return cannot be treated as belated for penal action under section 12(5)(ii) of the Tamil Nadu General Sales Tax Act, and penalty on that basis is not justified. However, where the return is factually incorrect, section 12(5)(iii) may still apply and the related penalty is sustained. The commentary therefore distinguishes between delayed revision of a return, which does not attract penalty without a prescribed deadline, and submission of an incorrect return, which remains liable to the statutory penal provision. Case-Laws VAT and Sales Tax Thu, 20 Jun 1991 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=156547