Court Finds No Malicious Intent by Assessee Despite Department's Oversight in Allowing Remittances Under Compounding Scheme.

Court Finds No Malicious Intent by Assessee Despite Department's Oversight in Allowing Remittances Under Compounding Scheme. https://www.taxtmi.com/highlights?id=38538 Tax under the compounding scheme - The department was not vigilant but was also lethargic in so far as permitting the assessee to make remittances under the scheme for the subsequent year also when already notice was issued for cancellation of the compounding in the previous year. There can be no contumacious conduct found on the part of the asessee - HC en-us Fri, 23 Mar 2018 07:10:35 +0530 Fri, 23 Mar 2018 07:10:35 +0530 TaxTMI RSS Generator Court Finds No Malicious Intent by Assessee Despite Department's Oversight in Allowing Remittances Under Compounding Scheme. https://www.taxtmi.com/highlights?id=38538 Tax under the compounding scheme - The department was not vigilant but was also lethargic in so far as permitting the assessee to make remittances under the scheme for the subsequent year also when already notice was issued for cancellation of the compounding in the previous year. There can be no contumacious conduct found on the part of the asessee - HC Highlights VAT and Sales Tax Fri, 23 Mar 2018 07:10:35 +0530 https://www.taxtmi.com/highlights?id=38538