Liability of tax - transfer of stock was not backed by any ...
High Court Confirms Tax Liability on Stock Transfers Without Form-F; Non-Submission Leads to Presumption of Sale.
March 23, 2017
Case Laws VAT and Sales Tax HC
Liability of tax - transfer of stock was not backed by any Form-F - Once a statutory presumption is drawn regarding sale in the absence of Form-F, and the assessee has not been able to put forth any material, which may have been responsible for non-submission of Form-F, demand of tax is to be confirmed - HC
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