Court Upholds Penalty for Tax Evasion Under KVAT Act; No Grounds to Invoke Revisional Jurisdiction, Section 63.

Court Upholds Penalty for Tax Evasion Under KVAT Act; No Grounds to Invoke Revisional Jurisdiction, Section 63. https://www.taxtmi.com/highlights?id=47212 Evasion of tax - imposition of penalty u/s 47(6) of the KVAT Act - revision petitioner could not produce any documents in discharge of their burden, the penalty order which was confirmed by various authorities including the tribunal - no legal or sustainable grounds are existing to invoke the revisional jurisdiction vested on this Court u/s 63 of the KVAT Act en-us Sat, 15 Jun 2019 07:48:31 +0530 Fri, 14 Jun 2019 18:18:11 +0530 TaxTMI RSS Generator Court Upholds Penalty for Tax Evasion Under KVAT Act; No Grounds to Invoke Revisional Jurisdiction, Section 63. https://www.taxtmi.com/highlights?id=47212 Evasion of tax - imposition of penalty u/s 47(6) of the KVAT Act - revision petitioner could not produce any documents in discharge of their burden, the penalty order which was confirmed by various authorities including the tribunal - no legal or sustainable grounds are existing to invoke the revisional jurisdiction vested on this Court u/s 63 of the KVAT Act Highlights VAT and Sales Tax Sat, 15 Jun 2019 07:48:31 +0530 https://www.taxtmi.com/highlights?id=47212