https://www.taxtmi.com/caselaws?id=393050 The Court set aside the orders of the Tribunal and lower authorities, ruling in favor of the revisionist. It emphasized the lack of concrete evidence to support tax imposition and the importance of verifiable evidence in tax assessments. The Court found that the transaction in question lacked reliable evidence and that tax liability cannot be solely based on a single document, especially when the other party denied the transaction. en-us Fri, 28 Feb 2020 00:00:00 +0530 Thu, 05 Mar 2020 10:23:09 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=393050 The Court set aside the orders of the Tribunal and lower authorities, ruling in favor of the revisionist. It emphasized the lack of concrete evidence to support tax imposition and the importance of verifiable evidence in tax assessments. The Court found that the transaction in question lacked reliable evidence and that tax liability cannot be solely based on a single document, especially when the other party denied the transaction. Case-Laws VAT and Sales Tax Fri, 28 Feb 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=393050