Home Case Index All Cases VAT and Sales Tax VAT and Sales Tax + HC VAT and Sales Tax - 2017 (10) TMI HC This
Forgot password New User/ Regiser ⇒ Register to get Live Demo
2017 (10) TMI 391 - MADRAS HIGH COURTValidity of assessment order - reversal of input tax credit - demand on the ground that details with regard to opening stock, purchase, sales, Branch Transfer and closing stock separately for local purchase, import purchases and interstate purchases are not furnished - Held that: - there is no specific denial by the respondent with regard to the averments made by the petitioner that all split-up details, as sought for were furnished to the respondent. This Court is at a loss to understand as to how the assessee would be benefited by not fully disclosing the figures, when his case is that substantial portion of transactions had been disclosed - this Court is of the view that one more opportunity should be granted to the petitioner to go before the Assessing Officer to establish all their transactions - writ petition is disposed of, by directing the petitioner to treat the impugned proceedings as a Show Cause Notice and submit relevant documents.
|