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VAT - Highlights / Catch Notes

Home Highlights April 2015 Year 2015 This

Works contract - computation of taxable turnover - Claims of ...


Court Remands Case on Taxable Turnover for Works Contract Due to Unexplained Deductions by Assessing Officer.

April 22, 2015

Case Laws     VAT and Sales Tax     HC

Works contract - computation of taxable turnover - Claims of deductions on account of labour and services under various heads - while allowing certain heads of expenses AO has not ascribed any reason either for accepting such deductions allowed by him nor any reason has been assigned for disallowing certain deductions - matter remanded back - HC

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