Taxpayer Faces Penalty u/s 12-B(4) for Tax Discrepancy; High Court Urges Revisional Authority to Correct Errors.

Taxpayer Faces Penalty u/s 12-B(4) for Tax Discrepancy; High Court Urges Revisional Authority to Correct Errors. https://www.taxtmi.com/highlights?id=23303 Difference between tax due after final assessment and advance tax paid by the assessee - penalty u/s Section 12-B(4) - Revisional Authority was duty bound to interfere with such erroneous order which was prejudicial to the interest of the Revenue - HC en-us Thu, 11 Jun 2015 08:17:05 +0530 Thu, 11 Jun 2015 08:17:05 +0530 TaxTMI RSS Generator Taxpayer Faces Penalty u/s 12-B(4) for Tax Discrepancy; High Court Urges Revisional Authority to Correct Errors. https://www.taxtmi.com/highlights?id=23303 Difference between tax due after final assessment and advance tax paid by the assessee - penalty u/s Section 12-B(4) - Revisional Authority was duty bound to interfere with such erroneous order which was prejudicial to the interest of the Revenue - HC Highlights VAT and Sales Tax Thu, 11 Jun 2015 08:17:05 +0530 https://www.taxtmi.com/highlights?id=23303