https://www.taxtmi.com/caselaws?id=157218 Penalty for non-disclosure under section 12(4) of the Tamil Nadu General Sales Tax Act, 1959 is not leviable where the relevant turnover appears in the books of account and is furnished to the assessing authority before final assessment. In a best-judgment assessment, the statutory basis for penalty is not established when the assessee submits to assessment on that turnover and the omission from the return is neither deliberate nor wilful. Absence of wilful omission therefore negates penal liability for the omitted turnover. en-us Wed, 19 Apr 1989 00:00:00 +0530 Thu, 30 Aug 2018 11:34:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=157218 Penalty for non-disclosure under section 12(4) of the Tamil Nadu General Sales Tax Act, 1959 is not leviable where the relevant turnover appears in the books of account and is furnished to the assessing authority before final assessment. In a best-judgment assessment, the statutory basis for penalty is not established when the assessee submits to assessment on that turnover and the omission from the return is neither deliberate nor wilful. Absence of wilful omission therefore negates penal liability for the omitted turnover. Case-Laws VAT and Sales Tax Wed, 19 Apr 1989 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=157218