https://www.taxtmi.com/caselaws?id=159062 Penalty under section 12(3) of the Tamil Nadu General Sales Tax Act depends on a best judgment assessment after rejection of the return; where it is unclear whether the return was accepted or the assessment was estimated on rejection, the penalty cannot be finally sustained without factual examination. Penalty under section 12(5)(ii) read with section 9(2A) of the Central Sales Tax Act may arise from belated returns, and the delay in filing monthly returns provided a possible statutory basis for reconsideration. The Madras HC therefore set aside the revisional order in part and remanded the matter for fresh consideration of the penalty question. en-us Fri, 18 Dec 1998 00:00:00 +0530 Thu, 14 Nov 2013 14:59:16 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=159062 Penalty under section 12(3) of the Tamil Nadu General Sales Tax Act depends on a best judgment assessment after rejection of the return; where it is unclear whether the return was accepted or the assessment was estimated on rejection, the penalty cannot be finally sustained without factual examination. Penalty under section 12(5)(ii) read with section 9(2A) of the Central Sales Tax Act may arise from belated returns, and the delay in filing monthly returns provided a possible statutory basis for reconsideration. The Madras HC therefore set aside the revisional order in part and remanded the matter for fresh consideration of the penalty question. Case-Laws VAT and Sales Tax Fri, 18 Dec 1998 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=159062