9911796707
TMI Blog2024 (5) TMI 259X X X X Extracts X X X X X X X X Extracts X X X X ..... : Mr. P. Rajkumar For the Respondent : Mrs. K. Vasanthamala, GA (T) ORDER An assessment order dated 29.12.2023 is assailed on the ground of breach of principles of natural justice. 2. The petitioner asserts that he carries on business with a thin margin. Consequently, it is asserted that the entire tax liability is subsumed in the available Input Tax Credit (ITC). Upon receipt of show cause no ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... pportunity, he submits that the petitioner would placed all such documents before the assessing officer. By further pointing out that the entire ITC availed of by the petitioner was reversed and tax liability was imposed, on instructions, he submits that the petitioner agrees to remit Rs. 5,00,000/- as a condition for remand. 4. Mrs.K.Vasanthamala, learned Government Advocate, accepts notice on b ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ailable. In these circumstances, it is just and appropriate that an opportunity be provided by the petitioner to contest the tax demand on merits albeit by putting the petitioner on terms. 6. Therefore, the impugned order dated 29.12.2023 is set aside on condition that the petitioner remits a sum of Rs. 5,00,000/- towards disputed tax liability as agreed to within three weeks from the date of rec ..... X X X X Extracts X X X X X X X X Extracts X X X X
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