https://www.taxtmi.com/caselaws?id=241516 Concurrent factual findings sustaining penalty under the Kerala General Sales Tax Act were left undisturbed because the record showed stock variation, unaccounted sales, and other suppressed transactions, and the appellate court found no perversity or illegality in the authorities' conclusions. The challenge to the alleged shortage in latex stock and the disputed cenex transaction did not justify interference, especially where a limited remand on one item did not undermine the overall basis for the penalty. In tax penalty matters, concurrent findings of fact will not be disturbed in appeal unless they are shown to be perverse or legally unsustainable. en-us Tue, 01 Oct 2013 00:00:00 +0530 Wed, 25 Dec 2013 07:00:25 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=241516 Concurrent factual findings sustaining penalty under the Kerala General Sales Tax Act were left undisturbed because the record showed stock variation, unaccounted sales, and other suppressed transactions, and the appellate court found no perversity or illegality in the authorities' conclusions. The challenge to the alleged shortage in latex stock and the disputed cenex transaction did not justify interference, especially where a limited remand on one item did not undermine the overall basis for the penalty. In tax penalty matters, concurrent findings of fact will not be disturbed in appeal unless they are shown to be perverse or legally unsustainable. Case-Laws VAT and Sales Tax Tue, 01 Oct 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=241516