https://www.taxtmi.com/caselaws?id=762090 Where tax evasion is detected on inspection, a revised return cannot be used to regularise the omission because Rule 7(9) permits revision only for errors or omissions discovered otherwise than by inspection, audit, or other information received by the assessing authority. A return filed after inspection on that basis was treated as not recognised in law. The Court also held that penalty under Section 22(5) is mandatory once the statutory conditions are satisfied, leaving no discretion to waive it. Reliance on decisions under other enactments was held inapplicable. The revisions failed on merits and the Revenue's position was upheld. en-us Thu, 17 Oct 2024 00:00:00 +0530 Sat, 23 Nov 2024 11:01:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=762090 Where tax evasion is detected on inspection, a revised return cannot be used to regularise the omission because Rule 7(9) permits revision only for errors or omissions discovered otherwise than by inspection, audit, or other information received by the assessing authority. A return filed after inspection on that basis was treated as not recognised in law. The Court also held that penalty under Section 22(5) is mandatory once the statutory conditions are satisfied, leaving no discretion to waive it. Reliance on decisions under other enactments was held inapplicable. The revisions failed on merits and the Revenue's position was upheld. Case-Laws VAT / Sales Tax Thu, 17 Oct 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=762090