https://www.taxtmi.com/caselaws?id=168971 Penalty for attempt to evade tax under the Punjab Value Added Tax Act could not be sustained where the accompanying documents were found genuine, reflecting the bill details, consignor, consignee and GR particulars. The Tribunal accepted the explanation that the route adopted was for reducing freight charges and was consistent with prior transactions. In appeal, that factual finding could be interfered with only if shown to be perverse or otherwise erroneous, and no such error was demonstrated. The penalty was therefore not justified and the finding in favour of the assessee was upheld. en-us Wed, 30 Oct 2013 00:00:00 +0530 Mon, 06 Apr 2015 20:05:58 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=168971 Penalty for attempt to evade tax under the Punjab Value Added Tax Act could not be sustained where the accompanying documents were found genuine, reflecting the bill details, consignor, consignee and GR particulars. The Tribunal accepted the explanation that the route adopted was for reducing freight charges and was consistent with prior transactions. In appeal, that factual finding could be interfered with only if shown to be perverse or otherwise erroneous, and no such error was demonstrated. The penalty was therefore not justified and the finding in favour of the assessee was upheld. Case-Laws VAT and Sales Tax Wed, 30 Oct 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=168971