Faceless assessment and registration procedures are updated through electronic communication, revised recovery rules, extended deadlines, and replacem...
Risk-based selective vessel boarding requires accurate declarations and preserves master and agent liability where physical inspections are not select...
Permanent-establishment reassessment cannot revisit scrutinised disclosures; extended reopening fails without undisclosed material facts and within st...
Petitioner cannot evade penalty u/s 22(5) of TNVAT Act, 2006 by paying tax after inspection but before assessment order. Rule 7(9) of TNVAT Rules, 2007 prohibits filing revised return if tax payable is unearthed through inspection or audit. Self-assessment on purported return filed after inspection is not recognized. Tax evasion noticed during inspection and subsequent payment does not absolve penalty u/s 22(5). Decisions on Section 16 of TNGST Act, 1959 are inapplicable due to different provisions. Tax Case Revisions dismissed.
Petitioner cannot evade penalty u/s 22(5) of TNVAT Act, 2006 by paying tax after inspection but before assessment order. Rule 7(9) of TNVAT Rules, 2007 prohibits filing revised return if tax payable is unearthed through inspection or audit. Self-assessment on purported return filed after inspection is not recognized. Tax evasion noticed during inspection and subsequent payment does not absolve penalty u/s 22(5). Decisions on Section 16 of TNGST Act, 1959 are inapplicable due to different provisions. Tax Case Revisions dismissed.
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TaxTMI 
TaxTMI 
