https://www.taxtmi.com/caselaws?id=158298 Timely filed returns containing only incorrect or incomplete particulars did not attract penalty on these facts. The defect was not failure to file within the prescribed period, so the provision dealing with delayed filing was inapplicable. Penalty, if any, could arise only under the provision governing incorrect or incomplete returns; however, revised returns were filed and the differential tax was paid before completion of assessment. In those circumstances, penal action was not warranted, and the cancellation of penalty was upheld. en-us Wed, 17 May 1995 00:00:00 +0530 Sat, 19 Oct 2013 17:24:53 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=158298 Timely filed returns containing only incorrect or incomplete particulars did not attract penalty on these facts. The defect was not failure to file within the prescribed period, so the provision dealing with delayed filing was inapplicable. Penalty, if any, could arise only under the provision governing incorrect or incomplete returns; however, revised returns were filed and the differential tax was paid before completion of assessment. In those circumstances, penal action was not warranted, and the cancellation of penalty was upheld. Case-Laws VAT and Sales Tax Wed, 17 May 1995 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=158298