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
23 December 2009
Penalty sustains. Subsequent payment of tax with interest is not a cause to exonerate from penalty.
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