Deletion of Penalties for Issuing Invoices Without Supply and Falsifying Records Is Legally Invalid
Deletion of Penalties for Issuing Invoices Without Supply and Falsifying Records Is Legally Invalid Issue Whether the Commissioner (Appeals) was justified in deleting penalties imposed under Section 122 for issuing tax invoices without actual supply of goods and for falsifying accounts and records to facilitate fraudulent Input Tax Credit (ITC). Facts The assessee, a sole… Read More »