1982 (3) TMI 243 - HC - VAT and Sales Tax

Summary

The High Court of Orissa directed the Sales Tax Tribunal to state a case regarding the penalty imposed on an assessee for filing quarterly returns with 'nil' taxable turnover. The Tribunal upheld the penalty as the admitted tax was not paid, making the returns invalid. The Court affirmed the penalty, stating that failure to pay admitted tax results in liability for penalty. The assessee's explanation was considered, but the penalty was upheld. The Court's decision was in favor of the revenue authority.