https://www.taxtmi.com/caselaws?id=243211 Penalty under Section 16(2) of the Tamil Nadu General Sales Tax Act, 1959 requires wilful non-disclosure or deliberate suppression of assessable turnover. The court found that the assessee's books disclosed the turnover, and the revision arose from the pricing method of including entry tax paid on purchases in the sale price while claiming set-off. That issue was treated as an accounting method dispute rather than concealment of turnover, and the record did not show mens rea or deliberate evasion. In the absence of a recorded finding of wilful suppression, the statutory precondition for penalty was not met, so penalty was not exigible. en-us Wed, 18 Dec 2013 00:00:00 +0530 Thu, 10 Jul 2014 09:56:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=243211 Penalty under Section 16(2) of the Tamil Nadu General Sales Tax Act, 1959 requires wilful non-disclosure or deliberate suppression of assessable turnover. The court found that the assessee's books disclosed the turnover, and the revision arose from the pricing method of including entry tax paid on purchases in the sale price while claiming set-off. That issue was treated as an accounting method dispute rather than concealment of turnover, and the record did not show mens rea or deliberate evasion. In the absence of a recorded finding of wilful suppression, the statutory precondition for penalty was not met, so penalty was not exigible. Case-Laws VAT and Sales Tax Wed, 18 Dec 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=243211