https://www.taxtmi.com/caselaws?id=329276 The appeals were partly allowed, upholding tax and interest orders while setting aside the penalty imposition under the KTEG Act. The court emphasized the need for judicial discretion in penalty imposition and referred to a previous Division Bench decision for clarity on taxable liability. The Assessing Officer was directed to issue a fresh demand excluding the penalty portion, based on the similarity in facts and circumstances with the earlier case. No costs were awarded in the judgment. en-us Thu, 16 Jun 2016 00:00:00 +0530 Tue, 28 Mar 2017 16:15:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=329276 The appeals were partly allowed, upholding tax and interest orders while setting aside the penalty imposition under the KTEG Act. The court emphasized the need for judicial discretion in penalty imposition and referred to a previous Division Bench decision for clarity on taxable liability. The Assessing Officer was directed to issue a fresh demand excluding the penalty portion, based on the similarity in facts and circumstances with the earlier case. No costs were awarded in the judgment. Case-Laws VAT and Sales Tax Thu, 16 Jun 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=329276