https://www.taxtmi.com/caselaws?id=353555 The amended procedure for opting to pay compounded tax on works contract under Section 7-C, introduced through Section 7-C(2-A), Rule 15(4-CC) and the prescribed form, applied only from 1 July 2002 and not to assessment year 2000-01; payment at the compounded rate and disclosure in the monthly and self-assessment returns were treated as sufficient compliance on the facts. Reassessment was also held unsustainable because the ground ultimately relied on by the Assessing Authority was not disclosed in the pre-revision notice, causing prejudice and violating natural justice. The revision petition therefore failed, and the concurrent findings in favour of the assessee were left undisturbed. en-us Tue, 12 Dec 2017 00:00:00 +0530 Mon, 08 Jan 2018 09:12:10 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=353555 The amended procedure for opting to pay compounded tax on works contract under Section 7-C, introduced through Section 7-C(2-A), Rule 15(4-CC) and the prescribed form, applied only from 1 July 2002 and not to assessment year 2000-01; payment at the compounded rate and disclosure in the monthly and self-assessment returns were treated as sufficient compliance on the facts. Reassessment was also held unsustainable because the ground ultimately relied on by the Assessing Authority was not disclosed in the pre-revision notice, causing prejudice and violating natural justice. The revision petition therefore failed, and the concurrent findings in favour of the assessee were left undisturbed. Case-Laws VAT and Sales Tax Tue, 12 Dec 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=353555