Assessee's Claim Rejected Under TNVAT Act Section 27(4)(1) for Being Time-Barred; No Penalty Imposed Due to No Wrongdoing. https://www.taxtmi.com/highlights?id=44948 Penalty u/s 27(4)(1) of TNVAT Act - the claim made by the assessee was outrightly rejected by the Assessing Officer as time barred and therefore, there is no allegation that the assessee had wrongly availed input tax credit - No penalty en-us Wed, 06 Mar 2019 07:46:56 +0530 Wed, 06 Mar 2019 07:46:56 +0530 TaxTMI RSS Generator Assessee's Claim Rejected Under TNVAT Act Section 27(4)(1) for Being Time-Barred; No Penalty Imposed Due to No Wrongdoing. https://www.taxtmi.com/highlights?id=44948 Penalty u/s 27(4)(1) of TNVAT Act - the claim made by the assessee was outrightly rejected by the Assessing Officer as time barred and therefore, there is no allegation that the assessee had wrongly availed input tax credit - No penalty Highlights VAT and Sales Tax Wed, 06 Mar 2019 07:46:56 +0530 https://www.taxtmi.com/highlights?id=44948