https://www.taxtmi.com/caselaws?id=257584 Penalty for tax default is not sustainable where the assessee has available input tax credit to adjust against the assessed liability and the factual record does not show an intention to evade or avoid tax. The Tribunal's deletion of interest and penalty was upheld on that footing, while the assessed demand remained intact. The court also treated the controversy as covered by its earlier decision, and therefore found that no substantial question of law arose for consideration. en-us Wed, 11 Feb 2015 00:00:00 +0530 Wed, 28 Oct 2015 16:07:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=257584 Penalty for tax default is not sustainable where the assessee has available input tax credit to adjust against the assessed liability and the factual record does not show an intention to evade or avoid tax. The Tribunal's deletion of interest and penalty was upheld on that footing, while the assessed demand remained intact. The court also treated the controversy as covered by its earlier decision, and therefore found that no substantial question of law arose for consideration. Case-Laws VAT and Sales Tax Wed, 11 Feb 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=257584