https://www.taxtmi.com/caselaws?id=389583 Penalty under Section 12(3)(b) of the Tamil Nadu General Sales Tax Act, 1959 is not attracted where the disputed turnover is already recorded in the books of account and no specific concealment is found. The Tribunal treated the addition as arising from materials disclosed in the assessee's accounts and applied the principle that the penal provision targets estimated turnover based on concealment, not disclosed turnover. The Madras High Court accepted that these were findings of fact and held that no question of law arose. On those facts, penalty was not leviable and the revision failed. en-us Thu, 21 Nov 2019 00:00:00 +0530 Thu, 12 Dec 2019 11:05:19 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=389583 Penalty under Section 12(3)(b) of the Tamil Nadu General Sales Tax Act, 1959 is not attracted where the disputed turnover is already recorded in the books of account and no specific concealment is found. The Tribunal treated the addition as arising from materials disclosed in the assessee's accounts and applied the principle that the penal provision targets estimated turnover based on concealment, not disclosed turnover. The Madras High Court accepted that these were findings of fact and held that no question of law arose. On those facts, penalty was not leviable and the revision failed. Case-Laws VAT and Sales Tax Thu, 21 Nov 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=389583