https://www.taxtmi.com/caselaws?id=160331 A compounding fee collected for incorrect maintenance of accounts could not be justified under the higher composition limit reserved for tax evasion cases. Because the notice and record showed only an account-maintenance irregularity, with no finding of suppressed turnover, failure to pay tax, or other evasion, the statutory power of composition could not support the excess collection. The amount was therefore unauthorised beyond the applicable limit, and only the permissible sum of Rs. 1,000 could be retained, with refund of the balance. en-us Wed, 11 Aug 1999 00:00:00 +0530 Mon, 16 Dec 2013 14:05:28 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=160331 A compounding fee collected for incorrect maintenance of accounts could not be justified under the higher composition limit reserved for tax evasion cases. Because the notice and record showed only an account-maintenance irregularity, with no finding of suppressed turnover, failure to pay tax, or other evasion, the statutory power of composition could not support the excess collection. The amount was therefore unauthorised beyond the applicable limit, and only the permissible sum of Rs. 1,000 could be retained, with refund of the balance. Case-Laws VAT and Sales Tax Wed, 11 Aug 1999 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=160331