https://www.taxtmi.com/caselaws?id=408045 The Madras HC reiterated that reassessment or revision cannot rest on a mere change of opinion without fresh material, and the revision was therefore invalid. It further held that penalty under the TNVAT regime, where imposed in assessment proceedings, must form part of the assessment order and cannot be sustained through a separate standalone order; the penalty orders were set aside. On purchase tax, the court held that works contractors could not be subjected to duplicative tax liability on the same transaction already treated as a deemed sale, and the purchase tax demand was unsustainable. The impugned proceedings were annulled and the writ petitions were allowed. en-us Thu, 15 Apr 2021 00:00:00 +0530 Sat, 29 May 2021 08:31:14 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=408045 The Madras HC reiterated that reassessment or revision cannot rest on a mere change of opinion without fresh material, and the revision was therefore invalid. It further held that penalty under the TNVAT regime, where imposed in assessment proceedings, must form part of the assessment order and cannot be sustained through a separate standalone order; the penalty orders were set aside. On purchase tax, the court held that works contractors could not be subjected to duplicative tax liability on the same transaction already treated as a deemed sale, and the purchase tax demand was unsustainable. The impugned proceedings were annulled and the writ petitions were allowed. Case-Laws VAT and Sales Tax Thu, 15 Apr 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=408045