https://www.taxtmi.com/caselaws?id=157749 Penalty for delayed monthly tax payments under section 12-B(3) of the Karnataka Sales Tax Act was held to be discretionary and quasi-criminal, requiring judicial assessment of the assessee's conduct and surrounding circumstances. Recurring but marginal delays, substantial tax payment, and an un-rejected explanation supported penalty, but the appellate authorities erred by computing the levy on a basis akin to section 13(2), which was not the correct measure for this provision. Penalty was therefore justified, yet confined to a nominal amount proportionate to the default, with Rs. 500 for each assessment year found appropriate. en-us Sun, 25 Jul 1993 00:00:00 +0530 Thu, 10 Oct 2013 14:12:24 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=157749 Penalty for delayed monthly tax payments under section 12-B(3) of the Karnataka Sales Tax Act was held to be discretionary and quasi-criminal, requiring judicial assessment of the assessee's conduct and surrounding circumstances. Recurring but marginal delays, substantial tax payment, and an un-rejected explanation supported penalty, but the appellate authorities erred by computing the levy on a basis akin to section 13(2), which was not the correct measure for this provision. Penalty was therefore justified, yet confined to a nominal amount proportionate to the default, with Rs. 500 for each assessment year found appropriate. Case-Laws VAT and Sales Tax Sun, 25 Jul 1993 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=157749