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VAT - Highlights / Catch Notes

Home Highlights October 2016 Year 2016 This

Imposition of penalty under Section 53(3) of AP VAT - under ...

Case Laws     VAT and Sales Tax

October 3, 2016

Imposition of penalty under Section 53(3) of AP VAT - under reporting of taxable turnover - While a bonafide error would fall within the ambit of Section 53(1) of the Act, wilful or intentional under-declaration of tax would fall within the scope of Section 53(3) - HC

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