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2019 (12) TMI 1682 - MADRAS HIGH COURTAcceptance of methodology of payment of taxes on deemed sale value u/s 5 of Tamil Nadu Value Added Tax Act, 2006. The argument advanced on behalf of the petitioner is that the method of accounting decided upon and fixed on the direction of the Tax Audit Officers at the time of inspection on 17.07.2009 is being followed consistently by it till date. HELD THAT:- The learned single Judge has directed an assessment to be completed, de novo, including specifically the issue of whether the plea raised by the petitioner in regard to method of accounting is bonafide or otherwise. Thus, there is some merit in the argument that the issue as to whether the method of accounting followed was bonafide or otherwise, should be considered specifically as a preliminary issue particularly, in the light of statement dated 17.07.2009. The impugned order is set aside - the petitioner is directed to appear before the Assessing Authority on Friday the 20 th December, 2019 at 10.30 a.m. without expecting any further notice in that regard - the writ petition disposed off.
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