https://www.taxtmi.com/caselaws?id=340166 Penalty under section 61 of the Rajasthan Value Added Tax Act, 2003 was not justified where the assessee disclosed VAT liability in the challans, deposited tax within the time allowed by the governing notification, and the record showed no concealment or intent to evade tax. The Tax Board's deletion of penalty was treated as a factual finding supported by the material on record, and no perversity was shown. The HC therefore upheld deletion of the penalty and declined the Revenue's challenge. en-us Mon, 29 Aug 2016 00:00:00 +0530 Thu, 16 Mar 2017 16:58:47 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=340166 Penalty under section 61 of the Rajasthan Value Added Tax Act, 2003 was not justified where the assessee disclosed VAT liability in the challans, deposited tax within the time allowed by the governing notification, and the record showed no concealment or intent to evade tax. The Tax Board's deletion of penalty was treated as a factual finding supported by the material on record, and no perversity was shown. The HC therefore upheld deletion of the penalty and declined the Revenue's challenge. Case-Laws VAT and Sales Tax Mon, 29 Aug 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=340166