https://www.taxtmi.com/caselaws?id=380832 Penalty under Section 15-A(1)(c) of the U.P. Sales Tax Act was not sustainable where the assessee had disclosed the turnover in its books, filed a revised return, and paid the tax with interest before assessment and before penalty proceedings began. The provision applies only to concealment of turnover or deliberate furnishing of inaccurate particulars, and those ingredients were not established on the facts. Once the revised return was accepted in assessment, the legal basis for penalty disappeared. The penalty was therefore liable to be set aside in favour of the assessee. en-us Tue, 07 May 2019 00:00:00 +0530 Thu, 30 May 2019 09:40:13 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=380832 Penalty under Section 15-A(1)(c) of the U.P. Sales Tax Act was not sustainable where the assessee had disclosed the turnover in its books, filed a revised return, and paid the tax with interest before assessment and before penalty proceedings began. The provision applies only to concealment of turnover or deliberate furnishing of inaccurate particulars, and those ingredients were not established on the facts. Once the revised return was accepted in assessment, the legal basis for penalty disappeared. The penalty was therefore liable to be set aside in favour of the assessee. Case-Laws VAT and Sales Tax Tue, 07 May 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=380832