https://www.taxtmi.com/caselaws?id=347373 The High Court of Madras allowed the Writ Petitions, setting aside the impugned orders and remitting the matter to the respondent for fresh consideration. The petitioners were directed to provide supporting documents within 15 days to prove the genuineness of transactions for claiming input tax credit on the purchase of cotton yarn. A new assessment was ordered, emphasizing the need for a fair opportunity for the petitioners to contest findings and present evidence. No costs were imposed, and connected Miscellaneous Petitions were closed. en-us Wed, 05 Jul 2017 00:00:00 +0530 Mon, 04 Sep 2017 08:56:21 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=347373 The High Court of Madras allowed the Writ Petitions, setting aside the impugned orders and remitting the matter to the respondent for fresh consideration. The petitioners were directed to provide supporting documents within 15 days to prove the genuineness of transactions for claiming input tax credit on the purchase of cotton yarn. A new assessment was ordered, emphasizing the need for a fair opportunity for the petitioners to contest findings and present evidence. No costs were imposed, and connected Miscellaneous Petitions were closed. Case-Laws VAT and Sales Tax Wed, 05 Jul 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=347373