1992 (8) TMI 251 - HC - VAT and Sales Tax

Summary

The petitioner challenged the order of penalty imposed for the assessment year 1972-73 under the Tamil Nadu General Sales Tax Act. The Tribunal upheld the penalty, but the High Court set it aside as it was imposed after the five-year limit from the assessment year. The Court did not address the applicability of an amendment from 1972. The tax revision case was allowed with no costs.