https://www.taxtmi.com/caselaws?id=349270 Where the revenue already has material giving reason to believe that taxable business may have been carried on through accommodation entries, assessment may proceed under Section 23(4) of the Maharashtra Value Added Tax Act, 2002. The Court noted that the statutory definitions of business and dealer are broad, and that the petitioners' own bank-account transactions, together with income-tax material indicating suppressed turnover, provided sufficient basis for inquiry. Pending applications for summoning witnesses or obtaining records did not suspend the authority's jurisdiction, and the assessee could still contest dealer status and invoice genuineness in the assessment proceedings. en-us Thu, 21 Sep 2017 00:00:00 +0530 Wed, 11 Oct 2017 06:09:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=349270 Where the revenue already has material giving reason to believe that taxable business may have been carried on through accommodation entries, assessment may proceed under Section 23(4) of the Maharashtra Value Added Tax Act, 2002. The Court noted that the statutory definitions of business and dealer are broad, and that the petitioners' own bank-account transactions, together with income-tax material indicating suppressed turnover, provided sufficient basis for inquiry. Pending applications for summoning witnesses or obtaining records did not suspend the authority's jurisdiction, and the assessee could still contest dealer status and invoice genuineness in the assessment proceedings. Case-Laws VAT and Sales Tax Thu, 21 Sep 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=349270