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2017 (9) TMI 1047 - HC - VAT and Sales TaxJurisdiction - sale of a going concern - exemption u/s 2(41) of the TNVAT Act, 2006 and the CST Act, 1956 - Held that: - The effect of the slump sale agreement dated 05 October, 2009, and the question relating to the acceptance of the unregistered slump sale agreement by the Income Tax Department are all matters to be considered on facts. The appellant miserably failed to plead and prove that the issue revolves on the jurisdictional matter alone and the same does not require adjudication by the appellate authority. There are no grounds made out by the appellant to bypass the statutory remedy available - petition dismissed being not maintainable.
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