https://www.taxtmi.com/caselaws?id=166309 The court upheld the Sales Tax Appellate Tribunal's decision in a tax revision case, dismissing the Revenue's appeal. The Tribunal correctly applied the Explanation to section 12(3) of the Tamil Nadu General Sales Tax Act, excluding penalty on estimated turnover and directing penalty only on the actually suppressed turnover. The court affirmed that penalty should be imposed solely on the actual suppression, not estimated amounts, leading to the dismissal of the tax case revision against the Revenue's arguments. 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 The court upheld the Sales Tax Appellate Tribunal's decision in a tax revision case, dismissing the Revenue's appeal. The Tribunal correctly applied the Explanation to section 12(3) of the Tamil Nadu General Sales Tax Act, excluding penalty on estimated turnover and directing penalty only on the actually suppressed turnover. The court affirmed that penalty should be imposed solely on the actual suppression, not estimated amounts, leading to the dismissal of the tax case revision against the Revenue's arguments. Case-Laws VAT and Sales Tax Fri, 14 Oct 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=166309