https://www.taxtmi.com/caselaws?id=168970 Section 6(2) of the Karnataka Tax on Entry of Goods Act, 1979 confers discretion on the assessing authority to levy penalty up to one and a half times the tax assessed where escape from assessment is attributable to wilful non-disclosure. On the facts and circumstances noted, that discretionary power justified moderation of the penalty. The penalty was reduced to Rs. 2,00,000, and the remainder of the revisional order was confirmed. en-us Tue, 29 Oct 2013 00:00:00 +0530 Mon, 06 Apr 2015 20:05:57 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=168970 Section 6(2) of the Karnataka Tax on Entry of Goods Act, 1979 confers discretion on the assessing authority to levy penalty up to one and a half times the tax assessed where escape from assessment is attributable to wilful non-disclosure. On the facts and circumstances noted, that discretionary power justified moderation of the penalty. The penalty was reduced to Rs. 2,00,000, and the remainder of the revisional order was confirmed. Case-Laws VAT and Sales Tax Tue, 29 Oct 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=168970