Allowed
M/S.Roshini Foods v. the Deputy Commercial Tax
Madras HCWP/10614/2008
Case brief
AI extract
What is this about?
A tax tribunal quashed the statutory penalty imposed on the petitioner under the Tamil Nadu General Sales Tax Act. The court held that since the assessment was based on the taxpayer's books of account rather than a best judgment, no penalty was attracted under the said provisions.
What did the court decide?
The writ petition calling for records and praying for quashing of the penalty under Sections 12(3)(b) and 12(3)(c) of the TNGST Act was allowed. The penalty was quashed.