https://www.taxtmi.com/caselaws?id=164099 Penalty under section 54(4) of the Bihar VAT Act could not be imposed for delayed or unsigned audit-report submission where no tax was found payable and the dealer had substantially complied with section 54(2). The penalty provision was linked to tax payable and default, so a purely procedural defect in signing and verification did not amount to a penal contravention when returns were filed, assessed tax was paid, and the report was otherwise submitted in the prescribed form. The delay was later rectified within a reasonable time, and the defect was treated as technical rather than indicative of tax evasion. The penalty orders were therefore unsustainable and the amount realised was refundable. en-us Wed, 07 Oct 2009 00:00:00 +0530 Fri, 31 Oct 2014 09:52:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=164099 Penalty under section 54(4) of the Bihar VAT Act could not be imposed for delayed or unsigned audit-report submission where no tax was found payable and the dealer had substantially complied with section 54(2). The penalty provision was linked to tax payable and default, so a purely procedural defect in signing and verification did not amount to a penal contravention when returns were filed, assessed tax was paid, and the report was otherwise submitted in the prescribed form. The delay was later rectified within a reasonable time, and the defect was treated as technical rather than indicative of tax evasion. The penalty orders were therefore unsustainable and the amount realised was refundable. Case-Laws VAT and Sales Tax Wed, 07 Oct 2009 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=164099