https://www.taxtmi.com/caselaws?id=768648 Delayed remittance of deducted tax under the U.P. VAT Act, accompanied by interest payment and explained by administrative processing, was treated as a case for proportional reduction rather than maximum penalty. The HC noted that the earlier authorities had not adequately considered the explanation and that an identical fact pattern had already justified relief. Applying the discretionary nature of the penalty provision and the surrounding facts, the penalty under Section 34(8) was scaled down from the restored level to one-fourth of the amount already deposited, giving the assessee partial relief. en-us Tue, 08 Apr 2025 00:00:00 +0530 Fri, 11 Apr 2025 08:39:59 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=768648 Delayed remittance of deducted tax under the U.P. VAT Act, accompanied by interest payment and explained by administrative processing, was treated as a case for proportional reduction rather than maximum penalty. The HC noted that the earlier authorities had not adequately considered the explanation and that an identical fact pattern had already justified relief. Applying the discretionary nature of the penalty provision and the surrounding facts, the penalty under Section 34(8) was scaled down from the restored level to one-fourth of the amount already deposited, giving the assessee partial relief. Case-Laws VAT / Sales Tax Tue, 08 Apr 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=768648