https://www.taxtmi.com/caselaws?id=291261 The appellate court partially modified, annulled, and confirmed the assessment. The tax levied by the Assessing Authority was annulled and modified according to the actual tax liability of the appellant for a specific period. The penalty imposed was annulled, ruling in favor of the appellant as there was no prima facie suppression of facts. However, the levy of interest under Section 50 for delayed tax payment was upheld, with directions for the Assessing Authority to calculate the interest based on the actual tax liability. en-us Tue, 20 Aug 2019 00:00:00 +0530 Mon, 10 Mar 2025 17:45:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=291261 The appellate court partially modified, annulled, and confirmed the assessment. The tax levied by the Assessing Authority was annulled and modified according to the actual tax liability of the appellant for a specific period. The penalty imposed was annulled, ruling in favor of the appellant as there was no prima facie suppression of facts. However, the levy of interest under Section 50 for delayed tax payment was upheld, with directions for the Assessing Authority to calculate the interest based on the actual tax liability. Case-Laws GST Tue, 20 Aug 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=291261