9911796707
TMI Blog2022 (2) TMI 1116X X X X Extracts X X X X X X X X Extracts X X X X ..... he said information but instead of doing so, has remanded the matter. The second appeal filed by the opposite party. The Tribunal has recorded the finding of fact after verification from the official web site that during the relevant period purchases shown by the dealer from the parties were duly registered and all the payments were made through bank. The Tribunal being the last court of fact has recorded the finding of fact in favour of the opposite party that all the transactions were made through Bank and were duly accounted for as well as verified. Further, the purchases made from the respective dealers were duly registered and verifiable from the official web site of the Department and therefore, it cannot be said that purchases wer ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... appellate authority. The opposite party is a registered dealer and is engaged in the business of purchase and sale of iron steel. During the years in dispute the purchases were made from various registered dealers. The Assessing Authority treated the said purchases from unregistered dealer and, therefore, has rejected the claim of Input Tax credit against such purchases against which the dealer opposite party preferred first appeal which was allowed and the matter was remanded to the Assessing Authority. Against the remand order the opposite party preferred second appeal which was allowed hence the present revision. Learned standing counsel submits that since the information was received from the Special Investigation Officer and th ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... However, this Court on the identical facts in the case of CIT vs. M/s Modern steel Traders (Sales/Trade Tax revision Defective No. 201 of 2013 decided on 10.12.2013 this Court dismissed the revision filed by the State. However, counsel for the revisionist has produced the judgment in Sales / Trade Tax Revision Nos. 143 of 2015 and 144 of 2015 for the assessment year 2010-11 of the dealer-opposite party which has been decided by this Court in favour of the opposite party - dealer by dismissing the State revision. The Tribunal being the last court of fact has recorded the finding of fact in favour of the opposite party that all the transactions were made through Bank and were duly accounted for as well as verified. Further, the purchase ..... X X X X Extracts X X X X X X X X Extracts X X X X
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