https://www.taxtmi.com/caselaws?id=164680 Penalty under section 12(3) of the Tamil Nadu General Sales Tax Act, 1959 is not attracted where the assessment is completed on the basis of the assessee's accounts under section 12(1) and not by best judgment. The governing distinction is that section 12(3) applies only to the type of assessment contemplated by that provision, while an accounts-based assessment falls outside it. On the facts, the turnover was determined from the books produced by the assessee, so deletion of the penalty was upheld. en-us Thu, 02 Jul 2009 00:00:00 +0530 Tue, 29 Apr 2014 11:21:51 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=164680 Penalty under section 12(3) of the Tamil Nadu General Sales Tax Act, 1959 is not attracted where the assessment is completed on the basis of the assessee's accounts under section 12(1) and not by best judgment. The governing distinction is that section 12(3) applies only to the type of assessment contemplated by that provision, while an accounts-based assessment falls outside it. On the facts, the turnover was determined from the books produced by the assessee, so deletion of the penalty was upheld. Case-Laws VAT and Sales Tax Thu, 02 Jul 2009 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=164680