https://www.taxtmi.com/caselaws?id=250273 A disclosed but legally unsustainable claim for freight and transportation included in purchase price does not amount to concealment or furnishing inaccurate particulars where the amount was reflected in the bill and merely bifurcated by the assessing authority. A claim for adjustment through credit note, being a recognised discount or rebate practice, also does not by itself establish concealment simply because it was not shown in the sale vouchers. The penalty on both components was treated as unsustainable, reflecting the principle that an erroneous or inadmissible claim is not the same as concealment when the underlying facts are disclosed. en-us Tue, 25 Mar 2014 00:00:00 +0530 Wed, 15 Jul 2015 14:53:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=250273 A disclosed but legally unsustainable claim for freight and transportation included in purchase price does not amount to concealment or furnishing inaccurate particulars where the amount was reflected in the bill and merely bifurcated by the assessing authority. A claim for adjustment through credit note, being a recognised discount or rebate practice, also does not by itself establish concealment simply because it was not shown in the sale vouchers. The penalty on both components was treated as unsustainable, reflecting the principle that an erroneous or inadmissible claim is not the same as concealment when the underlying facts are disclosed. Case-Laws VAT and Sales Tax Tue, 25 Mar 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=250273