Assessee Penalized for Fake Form-C Documents, Tax Evasion u/s 61 of Rajasthan VAT Act 2003.

Assessee Penalized for Fake Form-C Documents, Tax Evasion u/s 61 of Rajasthan VAT Act 2003. https://www.taxtmi.com/highlights?id=62000 Levy of penalty - tax and interest imposed by the petitioner- Assistant Commissioner Commercial Tax has been upheld - Form-C found to be fake and forged - The penalty was rightly imposed upon the Assessee by the Authorities as he (Assessee) furnished inaccurate particulars and he also concealed the transactions of sale and purchase to avoid the payment of Tax. Therefore, the Assessee is liable to pay penalty u/s 61 of the RVAT Act, 2003. - HC en-us Fri, 18 Feb 2022 11:28:59 +0530 Fri, 18 Feb 2022 11:28:59 +0530 TaxTMI RSS Generator Assessee Penalized for Fake Form-C Documents, Tax Evasion u/s 61 of Rajasthan VAT Act 2003. https://www.taxtmi.com/highlights?id=62000 Levy of penalty - tax and interest imposed by the petitioner- Assistant Commissioner Commercial Tax has been upheld - Form-C found to be fake and forged - The penalty was rightly imposed upon the Assessee by the Authorities as he (Assessee) furnished inaccurate particulars and he also concealed the transactions of sale and purchase to avoid the payment of Tax. Therefore, the Assessee is liable to pay penalty u/s 61 of the RVAT Act, 2003. - HC Highlights VAT and Sales Tax Fri, 18 Feb 2022 11:28:59 +0530 https://www.taxtmi.com/highlights?id=62000