https://www.taxtmi.com/caselaws?id=156869 Penalty for tax default was not warranted where the C forms were genuine, the purchasing dealers were found to be real, and the assessee had no reason to know that the forms were unauthorised or unusable. Those facts constituted reasonable cause for non-payment of tax, and the revisional authority could delete the penalty while leaving the assessment issue to be remitted. The penalty issue was therefore resolved in favour of the assessee on the factual findings recorded. en-us Fri, 26 Apr 1991 00:00:00 +0530 Wed, 25 Sep 2013 16:52:32 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=156869 Penalty for tax default was not warranted where the C forms were genuine, the purchasing dealers were found to be real, and the assessee had no reason to know that the forms were unauthorised or unusable. Those facts constituted reasonable cause for non-payment of tax, and the revisional authority could delete the penalty while leaving the assessment issue to be remitted. The penalty issue was therefore resolved in favour of the assessee on the factual findings recorded. Case-Laws VAT and Sales Tax Fri, 26 Apr 1991 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=156869