https://www.taxtmi.com/caselaws?id=163338 A penalty proceeding under section 20A of the Bengal Finance (Sales Tax) Act, 1941 may be initiated as a separate proceeding even after assessment is completed, and Rule 55C does not require the notice to be issued only while assessment is pending. The jurisdictional basis, however, is a genuine satisfaction reached in the course of a proceeding under the Act that the dealer concealed sales or furnished incorrect particulars with intent to reduce tax. On the facts, the authority acted mechanically from a recital in the assessment order without independent application of mind to the revised return and excess tax payment, so the penalty proceeding and order were quashed. en-us Thu, 13 Apr 2006 00:00:00 +0530 Mon, 31 Mar 2014 17:25:54 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=163338 A penalty proceeding under section 20A of the Bengal Finance (Sales Tax) Act, 1941 may be initiated as a separate proceeding even after assessment is completed, and Rule 55C does not require the notice to be issued only while assessment is pending. The jurisdictional basis, however, is a genuine satisfaction reached in the course of a proceeding under the Act that the dealer concealed sales or furnished incorrect particulars with intent to reduce tax. On the facts, the authority acted mechanically from a recital in the assessment order without independent application of mind to the revised return and excess tax payment, so the penalty proceeding and order were quashed. Case-Laws VAT and Sales Tax Thu, 13 Apr 2006 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=163338