https://www.taxtmi.com/caselaws?id=158893 Penalty for delayed payment of sales tax surcharge could not be sustained where the dealer showed reasonable cause for the delay. The delay arose during subsisting court-ordered stay and was later regularised through instalments approved by the Court, so it was not attributable to wilful default or absence of justification. Applying the same reasoning to penalties under the Bihar Finance Act, the Tribunal's finding of reasonable cause was upheld and the penalty provisions were held inapplicable on these facts. The penal action was therefore quashed in favour of the assessee. en-us Mon, 23 Jan 1995 00:00:00 +0530 Sat, 09 Nov 2013 11:49:52 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=158893 Penalty for delayed payment of sales tax surcharge could not be sustained where the dealer showed reasonable cause for the delay. The delay arose during subsisting court-ordered stay and was later regularised through instalments approved by the Court, so it was not attributable to wilful default or absence of justification. Applying the same reasoning to penalties under the Bihar Finance Act, the Tribunal's finding of reasonable cause was upheld and the penalty provisions were held inapplicable on these facts. The penal action was therefore quashed in favour of the assessee. Case-Laws VAT and Sales Tax Mon, 23 Jan 1995 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=158893