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2016 (10) TMI 261 - MADRAS HIGH COURT

2016 (10) TMI 261 - MADRAS HIGH COURT - TMI - Validity of order of Revised assessment - valuation - cash discount - sales return - whether the respondents were justified in refusing to consider the issue of cash discount and sales return, as there was no specific direction to the said effect in the earlier writ petition - Held that: - the Assessing Authority, being a statutory authority, have the power to redo the assessment, moreso, when the Court directed to redo the matter. Thus, if the petit .....

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scount and return of stock transferred goods, after affording an opportunity of personal hearing to the petitioner - petition allowed. - W. P. No. 29595 of 2016 - Dated:- 30-8-2016 - T. S. Sivagnanam, J. For the Petitioner : Ms. S.Thenmozhi For the Respondent : Ms. Vasudha Thiagarajan, AGP ORDER Heard Ms.S.Thenmozhi, learned counsel appearing for the petitioner and Ms.Vasudha Thiagarajan, learned Additional Government Pleader for the respondent. By consent of the learned Counsel appearing for bo .....

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/-. The turnover which was covered by C-Forms were assessed at the rate of 2%, not covered by C-Forms and F-Forms were assessed at the rate of 14.5% and the assessment order also demanded tax for the defective C-Forms. 3. The petitioner submitted a representation which was considered by the respondent and the tax liability was reduced and the taxable turnover was determined vide order dated 05.01.2016. In the mean time, the petitioner received C-Forms and F-Forms and approached the respondent to .....

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