2016 (10) TMI 1096

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... y, there shall not be any leviability. When Revenue did not make any verification from any chit subscriber or from any record available at their disposal, there cannot be any presumption of undue enrichment by the appellant - refund allowed - appeal allowed - decided in favor of appellant.
Shri D.N. Panda, Member (J) Shri M. Karthikeyan, Advocate, for the Appellant. Shri B. Balamurugan, AC (A .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... cost of the chit subscribers. 3. Heard both sides and perused the records. 4. When there is no taxability, there shall not be any leviability. When Revenue did not make any verification from any chit subscriber or from any record available at their disposal, there cannot be any presumption of undue enrichment by the appellant. Accordingly, denial of refund is unsustainable for which ap .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X