https://www.taxtmi.com/caselaws?id=164315 The court set aside penalty orders confirmed by the Tribunal under the U.P. Trade Tax Act, 1948 for the period May 1997 to March 1998. The applicant, involved in the gutkha business, claimed exemption but did not deposit tax, resulting in penalty proceedings. The court held that the penalty imposition was unjustified as provisional assessment orders were not issued. Consequently, the penalty under section 15A(1)(a) was deemed unsustainable due to a reasonable cause, leading to the allowance of all revisions, overturning the Tribunal's decision, and quashing the penalty. en-us Thu, 19 Apr 2007 00:00:00 +0530 Tue, 22 Apr 2014 12:54:02 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=164315 The court set aside penalty orders confirmed by the Tribunal under the U.P. Trade Tax Act, 1948 for the period May 1997 to March 1998. The applicant, involved in the gutkha business, claimed exemption but did not deposit tax, resulting in penalty proceedings. The court held that the penalty imposition was unjustified as provisional assessment orders were not issued. Consequently, the penalty under section 15A(1)(a) was deemed unsustainable due to a reasonable cause, leading to the allowance of all revisions, overturning the Tribunal's decision, and quashing the penalty. Case-Laws VAT and Sales Tax Thu, 19 Apr 2007 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=164315