Interest and Penalties in VAT: C-Forms Absence Must Not Undermine Concessional Tax Benefits, Legislative Intent Stressed.

Interest and Penalties in VAT: C-Forms Absence Must Not Undermine Concessional Tax Benefits, Legislative Intent Stressed. https://www.taxtmi.com/highlights?id=53366 Levy of interest and penalty - Absence of C-Forms - It is not in dispute that concessional levy of tax which is provided by the legislature is to the benefit of the assessee, if such benefit is denied on technicalities, the purpose and object of extending the concessional rate of tax would be defeated. en-us Tue, 12 May 2020 09:03:01 +0530 Tue, 12 May 2020 09:03:01 +0530 TaxTMI RSS Generator Interest and Penalties in VAT: C-Forms Absence Must Not Undermine Concessional Tax Benefits, Legislative Intent Stressed. https://www.taxtmi.com/highlights?id=53366 Levy of interest and penalty - Absence of C-Forms - It is not in dispute that concessional levy of tax which is provided by the legislature is to the benefit of the assessee, if such benefit is denied on technicalities, the purpose and object of extending the concessional rate of tax would be defeated. Highlights VAT and Sales Tax Tue, 12 May 2020 09:03:01 +0530 https://www.taxtmi.com/highlights?id=53366