https://www.taxtmi.com/caselaws?id=377403 Assessment made on a guesswork basis, without the factual enquiry required by the statutory rule and without investigation into the prevailing market rate, was treated as unsustainable. Penalty under section 16(2) of the Tamil Nadu General Sales Tax Act, 1959 was linked to willful non-disclosure and, in the absence of such a basis, could not stand. Because the matter turned on concurrent factual findings rather than a substantial question of law, the revision did not succeed and the relief granted below was left undisturbed. en-us Thu, 21 Feb 2019 00:00:00 +0530 Fri, 29 Mar 2019 07:15:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=377403 Assessment made on a guesswork basis, without the factual enquiry required by the statutory rule and without investigation into the prevailing market rate, was treated as unsustainable. Penalty under section 16(2) of the Tamil Nadu General Sales Tax Act, 1959 was linked to willful non-disclosure and, in the absence of such a basis, could not stand. Because the matter turned on concurrent factual findings rather than a substantial question of law, the revision did not succeed and the relief granted below was left undisturbed. Case-Laws VAT and Sales Tax Thu, 21 Feb 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=377403