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VAT - Highlights / Catch Notes

Home Highlights September 2015 Year 2015 This

Increase of Turnover and tax liability – AO has not indicated as ...

Case Laws     VAT and Sales Tax

September 3, 2015

Increase of Turnover and tax liability – AO has not indicated as to how excess stock would affect declared turnover - Assessment Order does not indicate any basis for AO to enhance turnover by 10% - Matter to be re-adjudicated by the AO - HC

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