https://www.taxtmi.com/caselaws?id=166446 Reliable seized sale bills and unreliable accounts supported a finding of suppressed turnover and short-paid tax under the Kerala General Sales Tax Act, so the penalty based on suppression was sustained. However, the Court held that the Tribunal had not properly examined whether the maximum penalty was justified, and that penalty quantum must remain proportionate to the circumstances. The suppression-based addition and liability were left undisturbed, but the penalty was moderated from the maximum to one and a half times the tax evaded. en-us Fri, 01 Jul 2011 00:00:00 +0530 Fri, 26 Sep 2014 09:56:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=166446 Reliable seized sale bills and unreliable accounts supported a finding of suppressed turnover and short-paid tax under the Kerala General Sales Tax Act, so the penalty based on suppression was sustained. However, the Court held that the Tribunal had not properly examined whether the maximum penalty was justified, and that penalty quantum must remain proportionate to the circumstances. The suppression-based addition and liability were left undisturbed, but the penalty was moderated from the maximum to one and a half times the tax evaded. Case-Laws VAT and Sales Tax Fri, 01 Jul 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=166446