https://www.taxtmi.com/caselaws?id=289485 The Tribunal held that TDS credit could not be denied where the record showed no adverse material and the assessee had already sought rectification; the claim was allowed. It also held that the CST demand had to be adjusted against the GVAT refund, with consequential rectification of interest and refund computation; that plea was allowed. On the larger issue, the Tribunal ruled that excess tax collected under the CST Act could not be forfeited by importing a State Act forfeiture provision through section 9(2), because the CST Act is a self-contained code and imposes no forfeiture power by implication; the forfeiture was set aside. en-us Mon, 17 Apr 2017 00:00:00 +0530 Mon, 03 Aug 2020 14:24:50 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=289485 The Tribunal held that TDS credit could not be denied where the record showed no adverse material and the assessee had already sought rectification; the claim was allowed. It also held that the CST demand had to be adjusted against the GVAT refund, with consequential rectification of interest and refund computation; that plea was allowed. On the larger issue, the Tribunal ruled that excess tax collected under the CST Act could not be forfeited by importing a State Act forfeiture provision through section 9(2), because the CST Act is a self-contained code and imposes no forfeiture power by implication; the forfeiture was set aside. Case-Laws VAT and Sales Tax Mon, 17 Apr 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=289485