VAT central assessments will use Form 9 data to levy tax for statutory form deficiencies; hard copies not accepted. Assessments for tax due to deficiencies of central statutory forms will be based on information filed in Form 9 and departmental electronic records; the system branch will compute tax by reconciling Form 9 with Form 1 and supply an editable assessment order. Hard copies of statutory forms shall not be accepted; authenticity can be verified via TINXSYS. Existing assessments need not be re issued unless reassessment is required and no objection or appeal is pending. Objections/appeals for deficiency based assessments are allowed only after ensuring the relevant forms have been filed online. Form DVAT 09 governs cancellation of registration and stock valuation at cancellation.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
VAT central assessments will use Form 9 data to levy tax for statutory form deficiencies; hard copies not accepted.
Assessments for tax due to deficiencies of central statutory forms will be based on information filed in Form 9 and departmental electronic records; the system branch will compute tax by reconciling Form 9 with Form 1 and supply an editable assessment order. Hard copies of statutory forms shall not be accepted; authenticity can be verified via TINXSYS. Existing assessments need not be re issued unless reassessment is required and no objection or appeal is pending. Objections/appeals for deficiency based assessments are allowed only after ensuring the relevant forms have been filed online. Form DVAT 09 governs cancellation of registration and stock valuation at cancellation.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
of 
Join Channel
TaxTMI 
