https://www.taxtmi.com/caselaws?id=152095 A dealer could claim compounded assessment under section 7 of the Tamil Nadu General Sales Tax Act, 1959 only by exercising the option and obtaining prior permission from the assessing authority at the start of the year, with advance tax payment in the prescribed manner. Because the assessment year had already commenced and the assessee had not secured the required permission within that year, the benefit could not be claimed later at final assessment. The deletion of rule 15(4-B) reinforced that the compounded scheme was unavailable after the event. The revenue's challenge succeeded, and the assessee was held ineligible for the compounded rate. en-us Sat, 31 Dec 1977 00:00:00 +0530 Mon, 24 Jun 2013 16:08:49 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=152095 A dealer could claim compounded assessment under section 7 of the Tamil Nadu General Sales Tax Act, 1959 only by exercising the option and obtaining prior permission from the assessing authority at the start of the year, with advance tax payment in the prescribed manner. Because the assessment year had already commenced and the assessee had not secured the required permission within that year, the benefit could not be claimed later at final assessment. The deletion of rule 15(4-B) reinforced that the compounded scheme was unavailable after the event. The revenue's challenge succeeded, and the assessee was held ineligible for the compounded rate. Case-Laws VAT and Sales Tax Sat, 31 Dec 1977 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=152095