https://www.taxtmi.com/caselaws?id=385653 Reversal of input tax credit could not be sustained where the department relied on undisclosed web data but did not furnish that material to the dealer, despite primary purchase records being produced; the addition was set aside for fresh adjudication. Alleged mismatches between purchase turnover in returns and the profit and loss account also failed for want of proper consideration of the dealer's explanation, so the matter was remitted. Receipts from warehouse and storage facilities, and the estimated turnover added for deletion of condemned articles, were likewise set aside because the assessment order did not deal with the supporting documents or explanations. The assessment orders and consequential penalty were therefore annulled and sent back for fresh speaking orders after hearing the assessee. en-us Tue, 20 Aug 2019 00:00:00 +0530 Wed, 11 Sep 2019 07:49:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=385653 Reversal of input tax credit could not be sustained where the department relied on undisclosed web data but did not furnish that material to the dealer, despite primary purchase records being produced; the addition was set aside for fresh adjudication. Alleged mismatches between purchase turnover in returns and the profit and loss account also failed for want of proper consideration of the dealer's explanation, so the matter was remitted. Receipts from warehouse and storage facilities, and the estimated turnover added for deletion of condemned articles, were likewise set aside because the assessment order did not deal with the supporting documents or explanations. The assessment orders and consequential penalty were therefore annulled and sent back for fresh speaking orders after hearing the assessee. Case-Laws VAT and Sales Tax Tue, 20 Aug 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=385653