https://www.taxtmi.com/caselaws?id=160542 The court found in favor of the petitioners, holding that their actions were based on a bona fide belief supported by a High Court decision, without any dishonest intentions. The imposition of penalties was deemed unjustified, leading to the quashing of penalty orders and granting the petitioners refunds. The court allowed the petitions with no costs imposed. en-us Mon, 02 Apr 2001 00:00:00 +0530 Thu, 19 Dec 2013 18:03:37 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=160542 The court found in favor of the petitioners, holding that their actions were based on a bona fide belief supported by a High Court decision, without any dishonest intentions. The imposition of penalties was deemed unjustified, leading to the quashing of penalty orders and granting the petitioners refunds. The court allowed the petitions with no costs imposed. Case-Laws VAT and Sales Tax Mon, 02 Apr 2001 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=160542