https://www.taxtmi.com/caselaws?id=164000 Penalty under Section 7B(3) of the Tamil Nadu Entertainments Tax Act, 1939 was held to depend on a finding of wilful misstatement or suppression of facts; it could not be quashed merely because the assessee was not a habitual offender. The Madras High Court also noted that, for assessment years before the 1982 amendment, the authority had discretion on quantum within the statutory ceiling. Taking account of the lapse of time and the amount already deposited during proceedings, the penalty was confined to the sum in deposit, with no further payment or refund with interest. en-us Thu, 01 Nov 2007 00:00:00 +0530 Tue, 15 Apr 2014 18:37:17 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=164000 Penalty under Section 7B(3) of the Tamil Nadu Entertainments Tax Act, 1939 was held to depend on a finding of wilful misstatement or suppression of facts; it could not be quashed merely because the assessee was not a habitual offender. The Madras High Court also noted that, for assessment years before the 1982 amendment, the authority had discretion on quantum within the statutory ceiling. Taking account of the lapse of time and the amount already deposited during proceedings, the penalty was confined to the sum in deposit, with no further payment or refund with interest. Case-Laws VAT and Sales Tax Thu, 01 Nov 2007 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=164000