Some Views on Penal Provisions u/s 29(8) of MVAT Act

Amit Bajaj , Last updated: 26 March 2010  
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It is well esteblished principle that the power to levy penality under taxation laws is incidental and ancillary to the power of collection of tax and is provided to make sure the compliance of tax deposits by the assessees. Taxation laws are welfare laws i.e they are for the welfare of the gener

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Published by

Amit Bajaj
(Tax Attorney)
Category VAT   Report

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