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2018 (3) TMI 908 - HC - VAT and Sales TaxCompounding of offences - section 74 of the Kerala Value Added Tax Act, 2003 - Petitioner challenges the assessment order inter alia contending that it was based on a compounding order which is patently illegal - Held that: - when an assessee exercises the option u/s 74 (1) of the Act, he virtually agrees to the turnover suppression and the irregularity in maintaining true and correct accounts - even without going into the so called conflict of opinion, in the facts of the present case, we do not think that we will be justified in interfering with the judgment of the learned Single Judge - appeal dismissed.
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