1983 (7) TMI 331 - HC - VAT and Sales Tax

Summary

The High Court of Allahabad allowed the revision application against the Sales Tax Tribunal's order imposing a penalty on an assessee for alleged turnover suppression. The Court held that the Tribunal erred in remanding the case back to the Assessing Authority after accepting the assessee's legal position. The penalty was cancelled, and the Tribunal's order was quashed. The revision application was allowed, and each party will bear their own costs.