https://www.taxtmi.com/caselaws?id=166309 Penalty under section 12(3)(b) of the Tamil Nadu General Sales Tax Act, 1959 applies only to actual suppressed turnover and not to turnover added by estimation. The Tribunal applied the statutory Explanation, which excludes estimated additions from penalty computation, and sustained the tax addition while limiting penalty to turnover actually found suppressed. The High Court found no reason to interfere with that approach, leaving the penalty confined to the suppressed turnover alone. en-us Fri, 14 Oct 2011 00:00:00 +0530 Wed, 17 Sep 2014 16:07:07 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=166309 Penalty under section 12(3)(b) of the Tamil Nadu General Sales Tax Act, 1959 applies only to actual suppressed turnover and not to turnover added by estimation. The Tribunal applied the statutory Explanation, which excludes estimated additions from penalty computation, and sustained the tax addition while limiting penalty to turnover actually found suppressed. The High Court found no reason to interfere with that approach, leaving the penalty confined to the suppressed turnover alone. Case-Laws VAT and Sales Tax Fri, 14 Oct 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=166309