https://www.taxtmi.com/caselaws?id=166361 Penalty under section 51(7)(c) of the Punjab Value Added Tax Act, 2005 cannot be sustained without material showing a proved attempt to evade tax. The Tribunal accepted that the assessee's account books and supporting documents were produced in the normal course of business, no defect was found in the impounded invoice or books, and the Revenue failed to establish evasion. The High Court found no perversity or unreasonableness in those findings and held that, in the absence of evidence of attempted evasion, the penalty was unsustainable. The assessee therefore succeeded on this issue. en-us Fri, 08 Apr 2011 00:00:00 +0530 Thu, 18 Sep 2014 17:05:07 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=166361 Penalty under section 51(7)(c) of the Punjab Value Added Tax Act, 2005 cannot be sustained without material showing a proved attempt to evade tax. The Tribunal accepted that the assessee's account books and supporting documents were produced in the normal course of business, no defect was found in the impounded invoice or books, and the Revenue failed to establish evasion. The High Court found no perversity or unreasonableness in those findings and held that, in the absence of evidence of attempted evasion, the penalty was unsustainable. The assessee therefore succeeded on this issue. Case-Laws VAT and Sales Tax Fri, 08 Apr 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=166361