https://www.taxtmi.com/forum/issue?id=115110 Section 122 exposes a taxpayer to a penalty equal to the tax evaded where mala fide intention is proved, and provisions addressing delays beyond three months may be engaged. Interest is payable on delayed tax: a standard self-assessed rate applies if tax is paid voluntarily, while a higher penal interest rate applies if tax and interest are paid only after departmental detection and mala fide intention is established. Central factual issues are whether interest was paid, timing of payment, and proof of mala fide intent. en-us Sat, 22 Jun 2019 12:41:15 +0530 Thu, 23 Jan 2025 15:55:04 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=115110 Section 122 exposes a taxpayer to a penalty equal to the tax evaded where mala fide intention is proved, and provisions addressing delays beyond three months may be engaged. Interest is payable on delayed tax: a standard self-assessed rate applies if tax is paid voluntarily, while a higher penal interest rate applies if tax and interest are paid only after departmental detection and mala fide intention is established. Central factual issues are whether interest was paid, timing of payment, and proof of mala fide intent. Discussion-Forum GST Sat, 22 Jun 2019 12:41:15 +0530 https://www.taxtmi.com/forum/issue?id=115110