https://www.taxtmi.com/caselaws?id=436734 Concurrent factual findings of suppression of turnover, supported by seized material, transporter signatures and receipt of consideration, were treated as evidence-based determinations not ordinarily reopenable in revision absent perversity, no evidence or patent legal error; the tax liability based on that finding was therefore left undisturbed. Penalty under Section 43(2) of the Odisha Value Added Tax Act, 2004 was held discretionary and sustainable only on a recorded satisfaction that the escapement or under-assessment occurred without reasonable cause, with reasons showing application of mind; a mechanical penalty imposed merely after assessment was set aside. en-us Mon, 17 Apr 2023 00:00:00 +0530 Mon, 11 Aug 2025 14:23:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=436734 Concurrent factual findings of suppression of turnover, supported by seized material, transporter signatures and receipt of consideration, were treated as evidence-based determinations not ordinarily reopenable in revision absent perversity, no evidence or patent legal error; the tax liability based on that finding was therefore left undisturbed. Penalty under Section 43(2) of the Odisha Value Added Tax Act, 2004 was held discretionary and sustainable only on a recorded satisfaction that the escapement or under-assessment occurred without reasonable cause, with reasons showing application of mind; a mechanical penalty imposed merely after assessment was set aside. Case-Laws VAT / Sales Tax Mon, 17 Apr 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=436734