2006 (10) TMI 388

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..... eral Sales Tax Act, 1948 (for short, the Act ) seeking a direction to the Sales Tax Tribunal-II, Punjab (for short, the Tribunal ) for referring the following questions of law for opinion of this court: (i) Whether, in the facts and circumstances of the case, levy of penalty and interest under the Act ought to be deleted in view of law laid down by the honourable Supreme Court? (ii) Whet .....

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..... organisation registered under the Societies Registration Act, 1860. It is non-profit making institution established for the development of khadi and village industries with the object of giving employment to the people, having its works at different places in Haryana, Punjab, Himachal Pradesh, Delhi and Union Territory of Chandigarh. For the assessment year 1999-2000, the assessee filed its return .....

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..... that though the assessee was hopeful that exemption would be restored later on with retrospective effect, it was not restored. Accordingly, in terms of the assessment framed, the amount of tax assessed on the basis of the turnover disclosed by the assessee was paid. As far as question of penalty is concerned, the fact that the assessee is a non-profit organisation and that on an earlier occasi .....

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