https://www.taxtmi.com/caselaws?id=161693 Penalty for failure to disclose last purchase turnover in monthly returns was upheld because the omission was treated as wilful and as an attempt to postpone tax due; later disclosure after notice did not cure the original defect. Penalty on additional tax was not sustainable because the governing additional sales tax provisions did not authorise such levy, and the State accepted that position. Penalty on surcharge was also not sustainable, as later Supreme Court authority had displaced the earlier view relied on by the Revenue and the sales tax penalty provision could not be extended to surcharge. The assessee therefore obtained partial relief only. en-us Wed, 25 Feb 2004 00:00:00 +0530 Mon, 24 Jun 2024 18:26:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=161693 Penalty for failure to disclose last purchase turnover in monthly returns was upheld because the omission was treated as wilful and as an attempt to postpone tax due; later disclosure after notice did not cure the original defect. Penalty on additional tax was not sustainable because the governing additional sales tax provisions did not authorise such levy, and the State accepted that position. Penalty on surcharge was also not sustainable, as later Supreme Court authority had displaced the earlier view relied on by the Revenue and the sales tax penalty provision could not be extended to surcharge. The assessee therefore obtained partial relief only. Case-Laws VAT and Sales Tax Wed, 25 Feb 2004 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=161693