https://www.taxtmi.com/caselaws?id=156868 The High Court ruled in favor of the department in a case challenging the Financial Commissioner's decision on firm dissolution and assessments. The court found that the evidence presented did not conclusively prove the firm's dissolution, as the provided intimation only indicated business closure, not firm dissolution. Without concrete evidence, the Financial Commissioner's acceptance of revision petitions and quashing of assessments lacked validity. The court emphasized the importance of factual evidence, such as a dissolution deed, to support claims of dissolution. It was also highlighted that payment of admitted tax post dissolution may be necessary for appellate and revisional authorities' jurisdiction. en-us Tue, 19 Feb 1991 00:00:00 +0530 Wed, 25 Sep 2013 16:50:05 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=156868 The High Court ruled in favor of the department in a case challenging the Financial Commissioner's decision on firm dissolution and assessments. The court found that the evidence presented did not conclusively prove the firm's dissolution, as the provided intimation only indicated business closure, not firm dissolution. Without concrete evidence, the Financial Commissioner's acceptance of revision petitions and quashing of assessments lacked validity. The court emphasized the importance of factual evidence, such as a dissolution deed, to support claims of dissolution. It was also highlighted that payment of admitted tax post dissolution may be necessary for appellate and revisional authorities' jurisdiction. Case-Laws VAT and Sales Tax Tue, 19 Feb 1991 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=156868