https://www.taxtmi.com/caselaws?id=341338 Reversal of input tax credit under Section 19(2)(v) of the Tamil Nadu Value Added Tax Act was challenged as unsustainable. The court treated the issue as already covered by an earlier decision in favour of the assessee, and the parties accepted that position. The assessment order therefore could not stand to the extent it reversed the credit, and that limited issue was set aside and remitted to the assessing authority for fresh consideration in line with the earlier ruling. en-us Mon, 06 Mar 2017 00:00:00 +0530 Fri, 07 Apr 2017 08:02:54 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=341338 Reversal of input tax credit under Section 19(2)(v) of the Tamil Nadu Value Added Tax Act was challenged as unsustainable. The court treated the issue as already covered by an earlier decision in favour of the assessee, and the parties accepted that position. The assessment order therefore could not stand to the extent it reversed the credit, and that limited issue was set aside and remitted to the assessing authority for fresh consideration in line with the earlier ruling. Case-Laws VAT and Sales Tax Mon, 06 Mar 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=341338