https://www.taxtmi.com/caselaws?id=270082 Section 7 of the Tamil Nadu Sales Tax (Settlement of Arrears) Act, 2011 classifies arrears for settlement according to their actual nature. Unpaid tax admitted in returns, particularly where tax collected from customers was retained under a deferral arrangement, falls within the provision governing admitted return liabilities rather than the lower-payment category for best-judgment assessment arrears. Where a dealer breaches a deferred-payment arrangement, interest is computed from the date of filing the returns, not from assessment. A bona fide supplementary-return dispute does not apply to retained tax under a breached deferral arrangement. en-us Mon, 30 Nov 2015 00:00:00 +0530 Mon, 28 Dec 2015 22:58:58 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=270082 Section 7 of the Tamil Nadu Sales Tax (Settlement of Arrears) Act, 2011 classifies arrears for settlement according to their actual nature. Unpaid tax admitted in returns, particularly where tax collected from customers was retained under a deferral arrangement, falls within the provision governing admitted return liabilities rather than the lower-payment category for best-judgment assessment arrears. Where a dealer breaches a deferred-payment arrangement, interest is computed from the date of filing the returns, not from assessment. A bona fide supplementary-return dispute does not apply to retained tax under a breached deferral arrangement. Case-Laws VAT and Sales Tax Mon, 30 Nov 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=270082