1997 (8) TMI 506 - HC - VAT and Sales Tax

Summary

The High Court of Allahabad allowed the petition of a paper manufacturer against a penalty imposed for non-deposit of admitted tax. The court ruled that the cheque given to the assessing authority should be treated as the date of deposit, and since there was no delay in depositing the cheque, the penalty was unjustified. The penalty order was quashed, and the revision was allowed with no costs. The order was sent to the Tribunal concerned.