https://www.taxtmi.com/caselaws?id=358262 Penalty under section 12(3)(b) of the Tamil Nadu General Sales Tax Act was considered in relation to assessed turnover taken from the dealer's books of account. The governing principle is that penal action is justified only where the assessment rests on an incomplete or incorrect return and the circumstances show suppression or concealment of turnover. Where the turnover is already recorded in the accounts and no deliberate suppression is proved, mere addition in assessment does not by itself attract the penalty. On that basis, the penalty was held not sustainable against the assessee. en-us Mon, 26 Mar 2018 00:00:00 +0530 Mon, 09 Apr 2018 07:44:59 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=358262 Penalty under section 12(3)(b) of the Tamil Nadu General Sales Tax Act was considered in relation to assessed turnover taken from the dealer's books of account. The governing principle is that penal action is justified only where the assessment rests on an incomplete or incorrect return and the circumstances show suppression or concealment of turnover. Where the turnover is already recorded in the accounts and no deliberate suppression is proved, mere addition in assessment does not by itself attract the penalty. On that basis, the penalty was held not sustainable against the assessee. Case-Laws VAT and Sales Tax Mon, 26 Mar 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=358262