Court Upholds Penalty for Tax Evasion Under KVAT Act; No Grounds to Invoke Revisional Jurisdiction, Section 63.

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....Evasion of tax - imposition of penalty u/s 47(6) of the KVAT Act - revision petitioner could not produce any documents in discharge of their burden, the penalty order which was confirmed by various authorities including the tribunal - no legal or sustainable grounds are existing to invoke the revisional jurisdiction vested on this Court u/s 63 of the KVAT Act....