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VAT - Highlights / Catch Notes

Home Highlights March 2015 Year 2015 This

Levy of penalty - by claiming exemption, the assessee had tried ...


Court Overturns Tax Evasion Penalty Due to Unreasonable Justification; No Penalty Imposed for Inaccurate Accounts.

March 5, 2015

Case Laws     VAT and Sales Tax     HC

Levy of penalty - by claiming exemption, the assessee had tried to evade payment of tax and had also failed to keep true and complete accounts, does not appeal to me as reasonable on the facts of the instant case - no penalty - HC

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