https://www.taxtmi.com/caselaws?id=164057 Deduction against ST-XXII declaration forms under section 5(2)(a)(ii) of the Punjab General Sales Tax Act, 1948 was held to depend on genuine, provable sales to actual purchasing dealers; where the assessee could not produce sale and purchase bills, the buyers were untraceable or fictitious, and signatures and records did not match, the deduction was disallowed. On the same factual findings, incorrect returns and a bogus deduction claim justified penalty under section 10(7), so the penal action was sustained. The reference was answered against the assessee. en-us Tue, 20 Jan 2009 00:00:00 +0530 Wed, 19 Nov 2014 14:52:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=164057 Deduction against ST-XXII declaration forms under section 5(2)(a)(ii) of the Punjab General Sales Tax Act, 1948 was held to depend on genuine, provable sales to actual purchasing dealers; where the assessee could not produce sale and purchase bills, the buyers were untraceable or fictitious, and signatures and records did not match, the deduction was disallowed. On the same factual findings, incorrect returns and a bogus deduction claim justified penalty under section 10(7), so the penal action was sustained. The reference was answered against the assessee. Case-Laws VAT and Sales Tax Tue, 20 Jan 2009 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=164057