https://www.taxtmi.com/article/detailed?id=11585 Section 130 cannot be used to determine or quantify tax liability in place of the assessment procedures under Sections 73 or 74; Section 130 is confined to search/seizure contexts and cannot independently raise tax demands. Penalty under Section 130(1)(iv) demands proof of contravention coupled with intent to evade. Valuation must follow Section 15 and applicable rules; visual estimation alone is not a valid valuation method. Service of notices must comply with Section 169 and cannot be effected on an accountant who is not the taxable person, manager or authorised representative. en-us Fri, 07 Jul 2023 10:28:59 +0530 Fri, 07 Jul 2023 10:28:59 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=11585 Section 130 cannot be used to determine or quantify tax liability in place of the assessment procedures under Sections 73 or 74; Section 130 is confined to search/seizure contexts and cannot independently raise tax demands. Penalty under Section 130(1)(iv) demands proof of contravention coupled with intent to evade. Valuation must follow Section 15 and applicable rules; visual estimation alone is not a valid valuation method. Service of notices must comply with Section 169 and cannot be effected on an accountant who is not the taxable person, manager or authorised representative. Articles Goods and Services Tax - GST Fri, 07 Jul 2023 10:28:59 +0530 https://www.taxtmi.com/article/detailed?id=11585