https://www.taxtmi.com/caselaws?id=295066 The High Court of Madras ruled in favor of the Writ petitioners, setting aside penalty orders imposed under the T.N.V.A.T. Act, declaring reassessment based on a change of opinion impermissible, invalidating reassessment proceedings initiated following internal audit objections, and determining that works contractors should not be additionally liable for purchase tax under Section 12 of the Act. en-us Thu, 20 Dec 2018 00:00:00 +0530 Tue, 18 May 2021 08:29:31 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=295066 The High Court of Madras ruled in favor of the Writ petitioners, setting aside penalty orders imposed under the T.N.V.A.T. Act, declaring reassessment based on a change of opinion impermissible, invalidating reassessment proceedings initiated following internal audit objections, and determining that works contractors should not be additionally liable for purchase tax under Section 12 of the Act. Case-Laws VAT and Sales Tax Thu, 20 Dec 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=295066