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VAT - Highlights / Catch Notes

Home Highlights May 2019 Year 2019 This

Levy of penalty - Recording of transaction in the books of ...


Penalty for Recording Transactions Under VAT and Sales Tax Laws Overturned Due to Illegal and Arbitrary Actions by Authorities.

May 14, 2019

Case Laws     VAT and Sales Tax     HC

Levy of penalty - Recording of transaction in the books of accounts - It was not a case where the penalty proceedings could legally be initiated and in fact, the Assessing Authority as well as the Tribunal were illegally and arbitrarily proceeded to impose and confirm the penalty.

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