https://www.taxtmi.com/caselaws?id=333701 Penalty for transporting goods without prescribed documents under the U.P. Trade Tax Act was held unsustainable where the available records, including GR, stock transfer invoices and OC stamps, supported the movement of goods and the authority did not establish intent to evade tax. Mere non-production or late production of Form-31, without more, was treated as insufficient to attract penalty. As the best judgment assessment and additional turnover were based entirely on that penalty foundation and no independent material existed, those consequential additions also failed and were set aside. en-us Thu, 06 Oct 2016 00:00:00 +0530 Sat, 24 Mar 2018 16:05:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=333701 Penalty for transporting goods without prescribed documents under the U.P. Trade Tax Act was held unsustainable where the available records, including GR, stock transfer invoices and OC stamps, supported the movement of goods and the authority did not establish intent to evade tax. Mere non-production or late production of Form-31, without more, was treated as insufficient to attract penalty. As the best judgment assessment and additional turnover were based entirely on that penalty foundation and no independent material existed, those consequential additions also failed and were set aside. Case-Laws VAT and Sales Tax Thu, 06 Oct 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=333701