https://www.taxtmi.com/caselaws?id=781864 Penalty for alleged non-accounting of goods under the U.P. VAT Act could not rest on seizure and suspicion alone. The High Court noted that, after seizure, there was no inspection or survey of the business premises and no material showing that the transaction was actually omitted from the books of account. For penalty to stand, the authority had to record a clear, evidence-based finding that the goods or transaction were not accounted for and that there was an intention to evade tax. The Tribunal's contrary finding was unsupported by material and was therefore perverse. The penalty orders were set aside. en-us Thu, 20 Nov 2025 00:00:00 +0530 Sat, 22 Nov 2025 07:36:32 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=781864 Penalty for alleged non-accounting of goods under the U.P. VAT Act could not rest on seizure and suspicion alone. The High Court noted that, after seizure, there was no inspection or survey of the business premises and no material showing that the transaction was actually omitted from the books of account. For penalty to stand, the authority had to record a clear, evidence-based finding that the goods or transaction were not accounted for and that there was an intention to evade tax. The Tribunal's contrary finding was unsupported by material and was therefore perverse. The penalty orders were set aside. Case-Laws VAT / Sales Tax Thu, 20 Nov 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=781864