https://www.taxtmi.com/caselaws?id=372246 The court held that the imposition of penalty under Section 34(8) of the U.P. VAT Act, 2008 is discretionary and not mandatory. The penalty is not justified if the assessee clears the default along with interest before the issuance of a penalty notice. The court allowed the revisions in favor of the assessee, stating that no useful purpose would be served in keeping the revisions pending further. The questions of law were answered in the negative, favoring the assessee and against the revenue. No order as to costs was made. en-us Wed, 12 Dec 2018 00:00:00 +0530 Mon, 14 Oct 2019 11:00:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=372246 The court held that the imposition of penalty under Section 34(8) of the U.P. VAT Act, 2008 is discretionary and not mandatory. The penalty is not justified if the assessee clears the default along with interest before the issuance of a penalty notice. The court allowed the revisions in favor of the assessee, stating that no useful purpose would be served in keeping the revisions pending further. The questions of law were answered in the negative, favoring the assessee and against the revenue. No order as to costs was made. Case-Laws VAT and Sales Tax Wed, 12 Dec 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=372246