2015 (6) TMI 434

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..... alue as yardstick without considering the provisions of the Act. The statute speaks about Sales Tax turnover alone for the purpose of liablity under Section 3(4) of the Act - Hence impugned order is set aside - Decided in favour of assessee. - W. P. No. 3418 of 2015 - - - Dated:- 16-3-2015 - The Honourable Mr.Justice S.Vaidyanathan,J. For the Petitioner : Mr. V. Sundareswaran For the .....

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..... , - (i) Who commences business, within thirty days from the date of commencement of the business; (ii) Whose turnover is below rupees fifty lakhs during the previous year, on or before 30th day of April of the year for which he exercises such options; (iii) For the year 2008-09, within thirty days from the date of commencement of the Tamil Nadu Value Added Tax (Second Amendment) Ordinanc .....

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..... purchases made from the date, and on the stock available with him, the purchases of which has been made within ninety days before the date, on which such turnover has reached rupees fifty lakhs; Provided that such dealer whose turnover has reached rupees fifty lakhs during the previous year shall not be entitled to exercise such option for subsequent years. 3. Admittedly, in this case, the .....

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