https://www.taxtmi.com/caselaws?id=157921 The Court upheld the Tribunal's decision in two tax revision cases, affirming the penalty imposition under section 16(2) of the Tamil Nadu General Sales Tax Act, 1959. The judgment found that the dealer's wilful non-disclosure of agency transactions, despite subsequent disclosure, constituted a deliberate attempt to evade tax payment. The Court deemed the penalty justified based on valid evidence of deliberate evasion, emphasizing the importance of timely and accurate turnover disclosure to avoid penalties and maintain tax system integrity. The revision cases were dismissed, reinforcing the significance of compliance and transparency in tax matters. en-us Mon, 27 Jun 1994 00:00:00 +0530 Sat, 12 Oct 2013 13:41:28 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=157921 The Court upheld the Tribunal's decision in two tax revision cases, affirming the penalty imposition under section 16(2) of the Tamil Nadu General Sales Tax Act, 1959. The judgment found that the dealer's wilful non-disclosure of agency transactions, despite subsequent disclosure, constituted a deliberate attempt to evade tax payment. The Court deemed the penalty justified based on valid evidence of deliberate evasion, emphasizing the importance of timely and accurate turnover disclosure to avoid penalties and maintain tax system integrity. The revision cases were dismissed, reinforcing the significance of compliance and transparency in tax matters. Case-Laws VAT and Sales Tax Mon, 27 Jun 1994 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=157921