https://www.taxtmi.com/caselaws?id=164532 Penalty under section 13A(4) of the Trade Tax Act, 1948 was examined on survey facts showing large quantities of goods at an undeclared place, goods being loaded for transport, and failure to produce books of account at the premises. The explanation that the books were locked in an almirah and the proprietor had taken the keys was treated as unreliable. The authorities relied on the survey report, the statement recorded during survey, the absence of verifiable purchase entries, and the surrounding circumstances to infer that the goods were not duly accounted for. On those facts, the penalty was sustained as a lawful response to suspected evasion. en-us Wed, 04 Nov 2009 00:00:00 +0530 Tue, 28 Oct 2014 09:57:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=164532 Penalty under section 13A(4) of the Trade Tax Act, 1948 was examined on survey facts showing large quantities of goods at an undeclared place, goods being loaded for transport, and failure to produce books of account at the premises. The explanation that the books were locked in an almirah and the proprietor had taken the keys was treated as unreliable. The authorities relied on the survey report, the statement recorded during survey, the absence of verifiable purchase entries, and the surrounding circumstances to infer that the goods were not duly accounted for. On those facts, the penalty was sustained as a lawful response to suspected evasion. Case-Laws VAT and Sales Tax Wed, 04 Nov 2009 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=164532