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2021 (5) TMI 360 - MADRAS HIGH COURTDemand of differential duty - variation in stock - Finalisation of deemed assessment - assessment years 2015-16 - Section 22(2) of TNVAT Act, 2006 - HELD THAT:- A mere look at the impugned order would indicate that stock difference was arrived at on the basis of the trading account method - It is true that the petitioner has not maintained the stock register. The matter is remitted to the file of the second respondent to pass orders afresh in accordance with law. As per Rule 6 of TNVAT Rules, the assessee is bound to maintain the accounts - Petition allowed - decided in favor of petitioner.
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