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VAT - Highlights / Catch Notes

Home Highlights November 2015 Year 2015 This

DST - The imposition of penalty is not automatic even assuming ...

Case Laws     VAT and Sales Tax

November 27, 2015

DST - The imposition of penalty is not automatic even assuming that the reassessment was justified. The fact that there was a dissenting opinion by one of the Members of the Tribunal, does indicate that it is not a case of concealment of particulars but a case where there is a possible interpretation in favour of the Assessee. - HC

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