https://www.taxtmi.com/caselaws?id=259118 The High Court upheld the decision of the Deputy Commissioner (Appeals) allowing the respondent's Input Tax Credit claim for Assessment Year 2008-09. The Court emphasized that selling goods below invoice value did not prohibit claiming Input Tax Credit and that the Revenue should not interfere in the business decisions of the assessee. The Court found no grounds to interfere with the Tax Board's decision, dismissing the revision petition for lack of merit without imposing costs. en-us Wed, 18 Mar 2015 00:00:00 +0530 Wed, 11 Jan 2017 17:41:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=259118 The High Court upheld the decision of the Deputy Commissioner (Appeals) allowing the respondent's Input Tax Credit claim for Assessment Year 2008-09. The Court emphasized that selling goods below invoice value did not prohibit claiming Input Tax Credit and that the Revenue should not interfere in the business decisions of the assessee. The Court found no grounds to interfere with the Tax Board's decision, dismissing the revision petition for lack of merit without imposing costs. Case-Laws VAT and Sales Tax Wed, 18 Mar 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=259118