https://www.taxtmi.com/caselaws?id=404019 Section 25 of the Tripura Value Added Tax Act, 2004 cannot be used to adjudicate disputed taxable turnover or to make a substantive reassessment where the issue concerns whether a claimed discount should be excluded from turnover. Such contested matters must be decided through the assessment machinery in Chapter V, and Section 25 is confined to cases of return-default or higher tax shown in a revised return. Using that provision to raise demands would also bypass the limitation governing audit assessment and turnover escaping assessment. The High Court held the tax demands, bank-account attachments and penalty orders invalid and set them aside. en-us Mon, 08 Feb 2021 00:00:00 +0530 Tue, 15 Jun 2021 13:02:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=404019 Section 25 of the Tripura Value Added Tax Act, 2004 cannot be used to adjudicate disputed taxable turnover or to make a substantive reassessment where the issue concerns whether a claimed discount should be excluded from turnover. Such contested matters must be decided through the assessment machinery in Chapter V, and Section 25 is confined to cases of return-default or higher tax shown in a revised return. Using that provision to raise demands would also bypass the limitation governing audit assessment and turnover escaping assessment. The High Court held the tax demands, bank-account attachments and penalty orders invalid and set them aside. Case-Laws VAT and Sales Tax Mon, 08 Feb 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=404019