https://www.taxtmi.com/caselaws?id=173529 The High Court dismissed the department's revision, upholding the Tribunal's decision to cancel the penalty under section 54(1)(14) of the VAT Act for the assessment year 2009-10. The Court emphasized the technical nature of the mistake, absence of malafide intention, and lack of revenue loss, highlighting the importance of mens rea in penalty cases. en-us Tue, 11 Dec 2012 00:00:00 +0530 Thu, 17 Sep 2015 13:01:20 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=173529 The High Court dismissed the department's revision, upholding the Tribunal's decision to cancel the penalty under section 54(1)(14) of the VAT Act for the assessment year 2009-10. The Court emphasized the technical nature of the mistake, absence of malafide intention, and lack of revenue loss, highlighting the importance of mens rea in penalty cases. Case-Laws VAT and Sales Tax Tue, 11 Dec 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=173529