https://www.taxtmi.com/caselaws?id=156784 Penalty under the Tamil Nadu General Sales Tax Act could not rest on a mere best judgment assessment: suppression of turnover or actual taxable turnover had to be proved with greater certainty than is required for assessment. The assessee's failure to substantiate its explanation was not enough by itself to sustain penalty. On the facts noted, the dispute had already attained finality and the long delay in reopening the matter weighed against fresh interference or remand, so the penalty issue was left undisturbed and the challenge failed. en-us Mon, 15 Oct 1990 00:00:00 +0530 Tue, 24 Sep 2013 17:39:37 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=156784 Penalty under the Tamil Nadu General Sales Tax Act could not rest on a mere best judgment assessment: suppression of turnover or actual taxable turnover had to be proved with greater certainty than is required for assessment. The assessee's failure to substantiate its explanation was not enough by itself to sustain penalty. On the facts noted, the dispute had already attained finality and the long delay in reopening the matter weighed against fresh interference or remand, so the penalty issue was left undisturbed and the challenge failed. Case-Laws VAT and Sales Tax Mon, 15 Oct 1990 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=156784