https://www.taxtmi.com/caselaws?id=164668 Penalty under section 12(3)(b) of the Tamil Nadu General Sales Tax Act, read with section 9(2A) of the Central Sales Tax Act, was confined to best judgment assessments and did not extend to an assessment made under section 12(1) on the basis of the assessee's accounts. As the assessment was not a best judgment estimate but was completed from returned accounts, the penal provision was inapplicable. The Tribunal's deletion of the penalty was therefore upheld. en-us Thu, 03 Dec 2009 00:00:00 +0530 Tue, 29 Apr 2014 10:14:01 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=164668 Penalty under section 12(3)(b) of the Tamil Nadu General Sales Tax Act, read with section 9(2A) of the Central Sales Tax Act, was confined to best judgment assessments and did not extend to an assessment made under section 12(1) on the basis of the assessee's accounts. As the assessment was not a best judgment estimate but was completed from returned accounts, the penal provision was inapplicable. The Tribunal's deletion of the penalty was therefore upheld. Case-Laws VAT and Sales Tax Thu, 03 Dec 2009 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=164668