https://www.taxtmi.com/caselaws?id=164353 The court found no wilful concealment by the assessee and set aside the penalty imposed. The Tribunal's decision to impose a penalty lacked the required degree of proof of wilful suppression. The court referred to precedents emphasizing the need for a clear finding of undisclosed turnover for penalty imposition. Consequently, the penalty was overturned, answering Question 2 in favor of the assessee. The tax case (revision) was partly allowed. en-us Mon, 10 Nov 2008 00:00:00 +0530 Tue, 25 Nov 2014 10:18:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=164353 The court found no wilful concealment by the assessee and set aside the penalty imposed. The Tribunal's decision to impose a penalty lacked the required degree of proof of wilful suppression. The court referred to precedents emphasizing the need for a clear finding of undisclosed turnover for penalty imposition. Consequently, the penalty was overturned, answering Question 2 in favor of the assessee. The tax case (revision) was partly allowed. Case-Laws VAT and Sales Tax Mon, 10 Nov 2008 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=164353