https://www.taxtmi.com/caselaws?id=158803 Penalty under section 12(3)(b) of the Tamil Nadu General Sales Tax Act is not sustainable where the dealer has disclosed the sales in its accounts and the assessment records show no concealment of turnover. The assessment proceeded on the disclosed turnover, and the existence of a pending proposal for waiver of tax further supported the view that penalty was not warranted at that stage. The penalty demand was therefore set aside, while the question of tax waiver was left for independent consideration by the Government. en-us Mon, 18 Sep 2006 00:00:00 +0530 Thu, 07 Nov 2013 15:08:28 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=158803 Penalty under section 12(3)(b) of the Tamil Nadu General Sales Tax Act is not sustainable where the dealer has disclosed the sales in its accounts and the assessment records show no concealment of turnover. The assessment proceeded on the disclosed turnover, and the existence of a pending proposal for waiver of tax further supported the view that penalty was not warranted at that stage. The penalty demand was therefore set aside, while the question of tax waiver was left for independent consideration by the Government. Case-Laws VAT and Sales Tax Mon, 18 Sep 2006 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=158803