https://www.taxtmi.com/caselaws?id=305993 The Court held that the penalty imposed under Section 8 D(6) of the UP Trade Tax Act was unjustified as the T.D.S. amount along with interest was deposited before penalty proceedings, with no revenue loss. Emphasizing the need for judicious imposition of penalties, the Court overturned the Tribunal's decision, citing relevant legal precedents. The Court directed payment of costs and authorized revenue recovery from the responsible officer. The revisionist succeeded in challenging the penalty, highlighting the importance of considering legal principles and specific court directions in such cases. en-us Thu, 24 Feb 2022 00:00:00 +0530 Tue, 03 Jan 2023 21:14:49 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=305993 The Court held that the penalty imposed under Section 8 D(6) of the UP Trade Tax Act was unjustified as the T.D.S. amount along with interest was deposited before penalty proceedings, with no revenue loss. Emphasizing the need for judicious imposition of penalties, the Court overturned the Tribunal's decision, citing relevant legal precedents. The Court directed payment of costs and authorized revenue recovery from the responsible officer. The revisionist succeeded in challenging the penalty, highlighting the importance of considering legal principles and specific court directions in such cases. Case-Laws VAT and Sales Tax Thu, 24 Feb 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=305993