Levy of penalty - suppression of turnover - even if the ...
Case Laws VAT and Sales Tax
March 2, 2020
Levy of penalty - suppression of turnover - even if the transaction was disclosed in the books of account it will be of no benefit. - Section 38 is worded in a manner that it applies not only to maintaining false or incorrect account but also to filing incorrect or false returns, which the appellant did in the present case. - HC
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