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VAT - Highlights / Catch Notes

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Levy of tax on turnover - long drawn argument - Once that ...


Court Stresses Need for Evidence in Tax Turnover Dispute; Assessee's Explanation Not Easily Dismissed.

July 12, 2022

Case Laws     VAT and Sales Tax     HC

Levy of tax on turnover - long drawn argument - Once that explanation came to be furnished and the same was not found to be patently false or bogus, the issue became debatable. Unless evidence were led, the assessing officer could not have brushed aside the explanation furnished by the assessee. - HC

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