https://www.taxtmi.com/caselaws?id=430886 Accepted books of account, including labour registers, vouchers, cash book, muster rolls and audited trial balance, could not be overridden by a contractual percentage to cap labour and service deductions at 34% in the first year of a works contract; in the absence of defects in the accounts, the restriction was unsustainable and the issue was decided for the assessee. A remand for recomputation of alleged hire charges was also unjustified because the Department produced no prima facie material to show receipt of such charges; the assessee's denial therefore stood and the issue was again decided for the assessee. en-us Tue, 29 Nov 2022 00:00:00 +0530 Thu, 01 Dec 2022 07:42:50 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=430886 Accepted books of account, including labour registers, vouchers, cash book, muster rolls and audited trial balance, could not be overridden by a contractual percentage to cap labour and service deductions at 34% in the first year of a works contract; in the absence of defects in the accounts, the restriction was unsustainable and the issue was decided for the assessee. A remand for recomputation of alleged hire charges was also unjustified because the Department produced no prima facie material to show receipt of such charges; the assessee's denial therefore stood and the issue was again decided for the assessee. Case-Laws VAT and Sales Tax Tue, 29 Nov 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=430886