https://www.taxtmi.com/caselaws?id=167678 The High Court of Madras, in a judgment by Justice Sudhakar, ruled on the denial of input tax credit due to retrospective cancellation of registration certificates. The court held that reversing input tax credit based on such cancellations is impermissible, emphasizing that benefits accrued from valid documents during transactions cannot be denied. The court set aside notices and assessment orders seeking to deny input tax credit, allowing the writ petitions in favor of the petitioners without costs, following a previous related case precedent. en-us Mon, 26 Nov 2012 00:00:00 +0530 Thu, 01 Jan 2015 22:09:02 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=167678 The High Court of Madras, in a judgment by Justice Sudhakar, ruled on the denial of input tax credit due to retrospective cancellation of registration certificates. The court held that reversing input tax credit based on such cancellations is impermissible, emphasizing that benefits accrued from valid documents during transactions cannot be denied. The court set aside notices and assessment orders seeking to deny input tax credit, allowing the writ petitions in favor of the petitioners without costs, following a previous related case precedent. Case-Laws VAT and Sales Tax Mon, 26 Nov 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=167678