https://www.taxtmi.com/caselaws?id=160321 Penalty under section 15-A(1)(a) of the U.P. Trade Tax Act could not be sustained because the dealer showed reasonable cause for delayed deposit of admitted tax. The unit had been declared sick and was facing financial constraint and sickness-related difficulty, which the court treated as sufficient cause negating penalty. The statutory provision for interest on delayed payment did not, by itself, justify penalty without a finding that the delay was without reasonable cause. Subsequent payment of tax with interest did not cure the defect in the penalty order or support its continuation. en-us Tue, 14 Sep 1999 00:00:00 +0530 Mon, 16 Dec 2013 12:17:40 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=160321 Penalty under section 15-A(1)(a) of the U.P. Trade Tax Act could not be sustained because the dealer showed reasonable cause for delayed deposit of admitted tax. The unit had been declared sick and was facing financial constraint and sickness-related difficulty, which the court treated as sufficient cause negating penalty. The statutory provision for interest on delayed payment did not, by itself, justify penalty without a finding that the delay was without reasonable cause. Subsequent payment of tax with interest did not cure the defect in the penalty order or support its continuation. Case-Laws VAT and Sales Tax Tue, 14 Sep 1999 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=160321