https://www.taxtmi.com/caselaws?id=159615 Where the tax sought to be evaded was not quantified, penalty could not be sustained beyond the statutory maximum. The authorities had not recorded any definite finding quantifying the evaded tax, so the revisional order was unsustainable to the extent it confirmed a higher penalty. The court held that only the maximum penalty of Rs. 5,000 could be imposed in such circumstances, and the amount already paid under interim orders was to be treated as penalty. The penalty order was set aside and modified accordingly. en-us Wed, 10 Mar 1999 00:00:00 +0530 Thu, 28 Nov 2013 14:30:34 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=159615 Where the tax sought to be evaded was not quantified, penalty could not be sustained beyond the statutory maximum. The authorities had not recorded any definite finding quantifying the evaded tax, so the revisional order was unsustainable to the extent it confirmed a higher penalty. The court held that only the maximum penalty of Rs. 5,000 could be imposed in such circumstances, and the amount already paid under interim orders was to be treated as penalty. The penalty order was set aside and modified accordingly. Case-Laws VAT and Sales Tax Wed, 10 Mar 1999 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=159615