Court Quashes Notice on Disputed Tax Rate for Capital Goods; Remands Case for Further Review of Coercion Claims.

Court Quashes Notice on Disputed Tax Rate for Capital Goods; Remands Case for Further Review of Coercion Claims. https://www.taxtmi.com/highlights?id=46885 Recovery of excess tax paid which was not liable to be paid - tax payable on 'capital goods' 5% OR 14.5% - cheques issued under coercion - presumption that the petitioner has admitted his liability whereas as seen from the available records except for the issuance of cheques, there is no conclusive evidence to prove that the petitioner had admitted his liability - impugned notice quashed and the matter is remanded en-us Fri, 31 May 2019 09:15:45 +0530 Fri, 31 May 2019 09:15:45 +0530 TaxTMI RSS Generator Court Quashes Notice on Disputed Tax Rate for Capital Goods; Remands Case for Further Review of Coercion Claims. https://www.taxtmi.com/highlights?id=46885 Recovery of excess tax paid which was not liable to be paid - tax payable on 'capital goods' 5% OR 14.5% - cheques issued under coercion - presumption that the petitioner has admitted his liability whereas as seen from the available records except for the issuance of cheques, there is no conclusive evidence to prove that the petitioner had admitted his liability - impugned notice quashed and the matter is remanded Highlights VAT and Sales Tax Fri, 31 May 2019 09:15:45 +0530 https://www.taxtmi.com/highlights?id=46885