https://www.taxtmi.com/highlights?id=73580 Levy of penalty u/s 86 of the DVAT Act, 2004 - Bonafide Beliefs - The appellants had while furnishing their returns proceeded on the bona fide belief that revenues generated from the sale of reprocessed vehicles would not be exigible to tax under the Act. - No penalty - HC en-us Fri, 15 Dec 2023 10:52:32 +0530 Fri, 15 Dec 2023 10:52:32 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=73580 Levy of penalty u/s 86 of the DVAT Act, 2004 - Bonafide Beliefs - The appellants had while furnishing their returns proceeded on the bona fide belief that revenues generated from the sale of reprocessed vehicles would not be exigible to tax under the Act. - No penalty - HC Highlights VAT and Sales Tax Fri, 15 Dec 2023 10:52:32 +0530 https://www.taxtmi.com/highlights?id=73580