Court Rules Respondent Lacks Jurisdiction to Assess Tax on Purchase Value Under TNVAT Section 3(4)(a)(ii.

Court Rules Respondent Lacks Jurisdiction to Assess Tax on Purchase Value Under TNVAT Section 3(4)(a)(ii. https://www.taxtmi.com/highlights?id=23265 Levy of tax on purchase value - TNVAT - Sales had been done by the petitioner to the tune of ₹ 47,05,257/-. In view of Section 3(4)(a)(ii) extracted supra, the respondent has no jurisdiction to assess the tax based on the purchase value - HC en-us Mon, 08 Jun 2015 22:14:43 +0530 Mon, 08 Jun 2015 22:14:43 +0530 TaxTMI RSS Generator Court Rules Respondent Lacks Jurisdiction to Assess Tax on Purchase Value Under TNVAT Section 3(4)(a)(ii. https://www.taxtmi.com/highlights?id=23265 Levy of tax on purchase value - TNVAT - Sales had been done by the petitioner to the tune of ₹ 47,05,257/-. In view of Section 3(4)(a)(ii) extracted supra, the respondent has no jurisdiction to assess the tax based on the purchase value - HC Highlights VAT and Sales Tax Mon, 08 Jun 2015 22:14:43 +0530 https://www.taxtmi.com/highlights?id=23265