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M/s. SLT Cement Marketers Pvt. Ltd., rep., by its Director, Mr. S. Ashok Kumar Versus The Assistant Commissioner (CT) , Assessment Circle, Chennai

2015 (12) TMI 782 - MADRAS HIGH COURT

Reversal of ITC - Violation of principle of natural justice - Held that:- When the respondent-Assessing Officer has applied the ratio laid down by the Calcutta High Court in Crompton Greaves's case (2014 (9) TMI 337 - CALCUTTA HIGH COURT), which cann .....

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ICE T.RAJA For the Petitioner : Mr.Joseph Prabakar For the Respondent : Mr.S.Kanmani Annamalai Addl.Government Pleader (Taxes) ORDER This writ petition is filed, by M/s.SLT Cement Marketers Pvt. Ltd., challenging the correctness of the impugned order .....

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.11.2013, as a result, the respondent has assessed the discount received during the year, for the purpose of quantifying the reversal of ITC on the ground that there is considerable reduction of output turnover, thereby, causing loss of tax to the Go .....

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