https://www.taxtmi.com/caselaws?id=164617 Penalty for suppressed turnover was held unsustainable to the extent the assessee had issued a cheque towards the tax liability before final assessment. The cheque, enclosing letter and later bank encashment, showed a pre-assessment payment that reduced the outstanding liability, and the assessment order was passed after the cheque date. The authorities failed to consider this material circumstance when sustaining penalty under section 12(3) of the Tamil Nadu General Sales Tax Act, so the penalty could not stand for the portion already covered by the pre-assessment payment. en-us Thu, 19 Nov 2009 00:00:00 +0530 Mon, 28 Apr 2014 14:15:54 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=164617 Penalty for suppressed turnover was held unsustainable to the extent the assessee had issued a cheque towards the tax liability before final assessment. The cheque, enclosing letter and later bank encashment, showed a pre-assessment payment that reduced the outstanding liability, and the assessment order was passed after the cheque date. The authorities failed to consider this material circumstance when sustaining penalty under section 12(3) of the Tamil Nadu General Sales Tax Act, so the penalty could not stand for the portion already covered by the pre-assessment payment. Case-Laws VAT and Sales Tax Thu, 19 Nov 2009 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=164617