https://www.taxtmi.com/caselaws?id=444498 The HC directed the refund of Rs. 81,53,038 to the petitioner, which was recovered from their bank account for alleged tax arrears of a sister concern. The Court set aside the assessment orders against the sister concern for the years 2012-13, 2013-14, and 2014-15, recognizing the business succession agreement that transferred liabilities to the petitioner. The demand against the petitioner was deemed invalid, and the Court ordered the refund within six weeks, allowing for re-adjudication of related transactions. en-us Fri, 06 Oct 2023 00:00:00 +0530 Wed, 18 Oct 2023 07:39:24 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=444498 The HC directed the refund of Rs. 81,53,038 to the petitioner, which was recovered from their bank account for alleged tax arrears of a sister concern. The Court set aside the assessment orders against the sister concern for the years 2012-13, 2013-14, and 2014-15, recognizing the business succession agreement that transferred liabilities to the petitioner. The demand against the petitioner was deemed invalid, and the Court ordered the refund within six weeks, allowing for re-adjudication of related transactions. Case-Laws VAT and Sales Tax Fri, 06 Oct 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=444498