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2017 (1) TMI 912 - HC - VAT and Sales TaxWorks contract - Conditional stay on remittance of 20% of the balance tax and interest demanded for the year 2013-14 - a works contractor, conceded a total contract receipt of ₹ 9,03,36,825/- during the year 2013-14 and claimed exemption under Rule 10 for a turnover of ₹ 7,76,35,006/-. Almost 85% of contract receipt was claimed as deduction - books of accounts of dealer did not substantiate the claim of deduction - Held that: - The Appellate Authority, on a prima facie consideration, found that there was no substantiating documents to prove the deduction and the books of accounts did not reveal the entire deduction as claimed by the petitioner. The Appellate Authority had also only directed remittance of 20% of the balance tax and interest demanded; which this Court is not inclined to interfere with. However, the petitioner shall be granted four instalments to make the payment as directed in Exhibit P4, starting from 25.01.2017 and continued on 25th of February, March and April of 2017. Recovery proceedings shall be kept in abeyance on satisfaction of the above conditions - petition disposed off.
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