https://www.taxtmi.com/caselaws?id=388418 Penalty for alleged tax evasion cannot be sustained unless the authority records a reasoned finding of intention to evade tax on the basis of relevant material. Mere blank entries or overwriting in an import declaration form are insufficient where the goods are supported by excise documents, the assessee is a manufacturer using the goods as raw material, and the surrounding record does not show evasion. The explanation offered by the assessee must be meaningfully considered because intention to evade is a matter of inference from circumstances, not a conclusion drawn from formal defects alone. en-us Wed, 13 Nov 2019 00:00:00 +0530 Fri, 15 Nov 2019 11:38:20 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=388418 Penalty for alleged tax evasion cannot be sustained unless the authority records a reasoned finding of intention to evade tax on the basis of relevant material. Mere blank entries or overwriting in an import declaration form are insufficient where the goods are supported by excise documents, the assessee is a manufacturer using the goods as raw material, and the surrounding record does not show evasion. The explanation offered by the assessee must be meaningfully considered because intention to evade is a matter of inference from circumstances, not a conclusion drawn from formal defects alone. Case-Laws VAT and Sales Tax Wed, 13 Nov 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=388418