https://www.taxtmi.com/caselaws?id=443747 Taxable turnover in a works contract under the Tamil Nadu VAT Act, 2006 must be computed strictly under Section 5(1) read with Rule 8(5) of the Tamil Nadu VAT Rules, 2007. Only the deductions expressly permitted by the rule, including labour and other charges actually incurred or the prescribed percentage where those charges are not ascertainable, can be allowed. An assessee cannot use an arbitrary estimate or add a notional gross profit to purchases, and deduction for payments to sub-contractors depends on proof of the statutory requirements. The assessment was upheld, and no interference in writ jurisdiction was warranted. en-us Tue, 19 Sep 2023 00:00:00 +0530 Fri, 29 Sep 2023 21:10:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=443747 Taxable turnover in a works contract under the Tamil Nadu VAT Act, 2006 must be computed strictly under Section 5(1) read with Rule 8(5) of the Tamil Nadu VAT Rules, 2007. Only the deductions expressly permitted by the rule, including labour and other charges actually incurred or the prescribed percentage where those charges are not ascertainable, can be allowed. An assessee cannot use an arbitrary estimate or add a notional gross profit to purchases, and deduction for payments to sub-contractors depends on proof of the statutory requirements. The assessment was upheld, and no interference in writ jurisdiction was warranted. Case-Laws VAT and Sales Tax Tue, 19 Sep 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=443747