9911796707
TMI Blog2016 (7) TMI 1429X X X X Extracts X X X X X X X X Extracts X X X X ..... ount of turnover has been added, still the fact remains that the total turnover now quantified by the Assessing Officer is much less than 60 lakhs of rupees provided in Section 6(5). Section 6(5) of the Act do not contain a provision that an assessee in whose case suppression of turnover is detected will be denied the benefit of Section 6(5) of the Act. Even in spite of the turnover suppressed, ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... at the rate of 13.5%. 2. According to the appellant, being a presumptive dealer under Section 6(5) of the KVAT Act, the Assessing Officer should have completed the assessment levying tax only at the rate of 0.5%. It is stated that that benefit has been denied to them illegally and therefore the assessment order should have been set aside by this Court. However, referring to the reasons stated i ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... is below sixty lakhs of rupees, shall have the option to pay tax at the rate of half per cent of the turnover of sale of taxable goods as presumptive tax, instead of paying tax under Section 6(1) of the Act. 4. There is no dispute even for the Department that the appellant is a registered dealer and that they have opted for payment of tax under Section 6(5) of the Act. However, the benefit of ..... X X X X Extracts X X X X X X X X Extracts X X X X
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