https://www.taxtmi.com/caselaws?id=175786 Penalty under Section 15-A(1)(o) of the U.P. Trade Tax Act could be imposed only if authorities established a bona fide attempt to evade tax. The goods were covered by a proforma invoice, advance payment had been made by cheque before seizure, the goods were shown as raw material for an exempt manufacturing unit, and the relevant entries were accepted in the books. In these circumstances, mere non-production of documents at inspection did not by itself justify an inference of evasion, so the penalty was held not exigible. en-us Wed, 26 Aug 2009 00:00:00 +0530 Sat, 05 Dec 2015 10:03:29 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=175786 Penalty under Section 15-A(1)(o) of the U.P. Trade Tax Act could be imposed only if authorities established a bona fide attempt to evade tax. The goods were covered by a proforma invoice, advance payment had been made by cheque before seizure, the goods were shown as raw material for an exempt manufacturing unit, and the relevant entries were accepted in the books. In these circumstances, mere non-production of documents at inspection did not by itself justify an inference of evasion, so the penalty was held not exigible. Case-Laws VAT and Sales Tax Wed, 26 Aug 2009 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=175786