TMI Blog1994 (10) TMI 278X X X X Extracts X X X X X X X X Extracts X X X X ..... sessed for the assessment year 1981-82 under the Tamil Nadu General Sales Tax Act, 1959. The assessee was assessed on a total and taxable turnover of Rs. 14,84,682 and Rs. 14,77,980 respectively. The assessing officer found that a taxable turnover of Rs. 2,38,321 has not been included in the book turnover and hence he came to the conclusion that the assessee submitted incorrect and incomplete re ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... Appellate Assistant Commissioner was not correct in accepting the explanation offered by the assessee and according to the Joint Commissioner, the original return as filed cannot be revised. Subsequently even if it is revised before completing the assessment, the penalty is leviable under section 12(5)(iii) of the Act. Accordingly, he set aside the order passed by the Appellate Assistant Commissio ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... tion 12(5)(iii) of the Act. This explanation offered by the assessee is acceptable in the matter of cancelling the penalty levied under section 12(5)(iii) of the Act as per the decision of this Court in the case Bhavani Mills Limited v. State of Tamil Nadu [1994] 94 STC 120. The same view was taken by a Division Bench of this Court in State of Tamil Nadu v. P.S. Srinivasa Iyengar Sons [1993] 89 ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... hile supporting the order passed by the Joint Commissioner, submitted that if once the original return is filed with defects, thereafter it cannot be cured by filing a revised return in order to escape the penalty under section 12(5)(iii) of the Act. 4.. We have heard the rival submissions. The fact remains that the assessee submitted a revised return rectifying the mistake which had occurred in ..... X X X X Extracts X X X X X X X X Extracts X X X X
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