https://www.taxtmi.com/caselaws?id=357399 A scheme granting waiver or settlement of arrears of penalty must be read broadly where its language covers all kinds of penalties accrued under the tax enactment up to the application date. Penalty for delayed filing of returns under the Karnataka Value Added Tax Act was treated as part of the assessment mechanism because return filing is the starting point of assessment and is integral to deemed assessment. On that construction, the penalty for belated return filing fell within the Kara Samadhana Scheme of 2017 and was eligible for consideration under the Scheme. en-us Fri, 02 Mar 2018 00:00:00 +0530 Fri, 23 Mar 2018 07:10:33 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=357399 A scheme granting waiver or settlement of arrears of penalty must be read broadly where its language covers all kinds of penalties accrued under the tax enactment up to the application date. Penalty for delayed filing of returns under the Karnataka Value Added Tax Act was treated as part of the assessment mechanism because return filing is the starting point of assessment and is integral to deemed assessment. On that construction, the penalty for belated return filing fell within the Kara Samadhana Scheme of 2017 and was eligible for consideration under the Scheme. Case-Laws VAT and Sales Tax Fri, 02 Mar 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=357399