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2015 (7) TMI 1187 - HC - VAT and Sales TaxDetermination of the estimated turnover of the assessee on one single transaction - Tribunal while passing the impugned order has given no reason why twenty times of the tax payable has been calculated and imposed on the assessee - Held that: - no reason has been given for imposing twenty times of the amount and even if it is in the discretion of the Tribunal to fix an amount then too some reasonable basis must be there for formation of this opinion. The decision cannot be taken on a whimsical basis. There is a vast difference between two times and twenty times. No reason at all has been given by the Tribunal in the impugned order for fixing twenty times of the amount - the matter is remitted to the Tribunal for fresh decision - revision allowed by way of remand.
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