https://www.taxtmi.com/caselaws?id=157646 Penalty under section 22(6)(b) could not be sustained where the assessee's statements were not properly verified and the required inquiry was not conducted before levy. The record did not show that the statements had been read over and accepted, and the assessee's signatures on the proceeding sheet and statements were treated as insufficient to establish a valid admission. The assessing authority was required to verify the material and establish the case through a proper inquiry before imposing penalty. The penalty was therefore quashed and the revision failed. en-us Fri, 24 Jan 1992 00:00:00 +0530 Tue, 08 Oct 2013 18:45:49 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=157646 Penalty under section 22(6)(b) could not be sustained where the assessee's statements were not properly verified and the required inquiry was not conducted before levy. The record did not show that the statements had been read over and accepted, and the assessee's signatures on the proceeding sheet and statements were treated as insufficient to establish a valid admission. The assessing authority was required to verify the material and establish the case through a proper inquiry before imposing penalty. The penalty was therefore quashed and the revision failed. Case-Laws VAT and Sales Tax Fri, 24 Jan 1992 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=157646