inacurate return penalty

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

23 December 2009 my client not taken sale of tender document as a sale and treated as a recovery of tender document expense but the assessing officer says no this is sale and you have filed inacurate return and impose the penalty of Rs. 10000/- now the appealate authority have not wave off the same i have already deposit the sales tax and interst on the tender document sale

Bhaskaran Chackrapani Warrier

Bhaskaran Chackrapani Warrier (Expert)
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23 December 2009 Penalty sustains. Subsequent payment of tax with interest is not a cause to exonerate from penalty.

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