https://www.taxtmi.com/caselaws?id=263963 Input tax credit disallowance based on alleged bogus invoices could not be sustained without giving the assessee an effective opportunity to prove the genuineness of the invoices and underlying transactions. The statutory burden remained on the assessee to substantiate the claim with prescribed documents, but adverse findings could not be recorded before a fair hearing. The reassessment orders were therefore interfered with to the limited extent of the disputed input tax credit, and the matter was remitted for fresh adjudication on merits, while the remaining findings in the reassessment orders were left undisturbed. en-us Thu, 12 Mar 2015 00:00:00 +0530 Mon, 14 Sep 2015 07:00:10 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=263963 Input tax credit disallowance based on alleged bogus invoices could not be sustained without giving the assessee an effective opportunity to prove the genuineness of the invoices and underlying transactions. The statutory burden remained on the assessee to substantiate the claim with prescribed documents, but adverse findings could not be recorded before a fair hearing. The reassessment orders were therefore interfered with to the limited extent of the disputed input tax credit, and the matter was remitted for fresh adjudication on merits, while the remaining findings in the reassessment orders were left undisturbed. Case-Laws VAT and Sales Tax Thu, 12 Mar 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=263963