https://www.taxtmi.com/caselaws?id=359110 Deduction of labour and like charges under Rule 3(2)(l) of the Karnataka VAT Rules depends on those charges being actually incurred and ascertainable from the books of accounts; where they are not ascertainable, Rule 3(2)(m) permits a standard deduction. The assessee stated that it maintained books and was willing to produce them, but needed an opportunity because of their voluminous nature, and a rectification request under Section 69 was also pending. In these circumstances, rejection of the deduction claim without examining the books was not sustainable. The reassessment orders were set aside and the matter remanded for fresh consideration after allowing production of the records. en-us Tue, 10 Apr 2018 00:00:00 +0530 Thu, 06 Sep 2018 18:10:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=359110 Deduction of labour and like charges under Rule 3(2)(l) of the Karnataka VAT Rules depends on those charges being actually incurred and ascertainable from the books of accounts; where they are not ascertainable, Rule 3(2)(m) permits a standard deduction. The assessee stated that it maintained books and was willing to produce them, but needed an opportunity because of their voluminous nature, and a rectification request under Section 69 was also pending. In these circumstances, rejection of the deduction claim without examining the books was not sustainable. The reassessment orders were set aside and the matter remanded for fresh consideration after allowing production of the records. Case-Laws VAT and Sales Tax Tue, 10 Apr 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=359110