Penalty Overturned: Taxpayer's Late Registration Deemed Irrelevant After Compliance Per Section 12(3)(a) of the Act.

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....Levy of penalty - The fact that the Assessee was not previously registered and later on got registered upon inspection or survey by the Department is not relevant for the purpose of Section 12(3)(a) of the Act - Since the fact that the Assessee got himself registered and filed the return and paid the due tax thereon is not disputed, it is sufficient to set aside the penalty in question. - HC....