https://www.taxtmi.com/caselaws?id=313284 Telangana HC held that VAT authorities' attachment and withdrawal of Rs.4,31,210 from petitioner's bank account to recover VAT arrears of another company was illegal and arbitrary. The attachment was based solely on petitioner's proprietor being a former employee of the defaulting company. Court found no material evidence linking petitioner with the defaulting entity after employment ended in 2013, rejecting any basis for lifting corporate veil. The action violated Article 300-A of Constitution. HC directed refund of Rs.4,39,210 with 9% annual interest and Rs.20,000 costs within four weeks. en-us Mon, 06 Jan 2020 00:00:00 +0530 Thu, 04 Apr 2024 19:17:08 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=313284 Telangana HC held that VAT authorities' attachment and withdrawal of Rs.4,31,210 from petitioner's bank account to recover VAT arrears of another company was illegal and arbitrary. The attachment was based solely on petitioner's proprietor being a former employee of the defaulting company. Court found no material evidence linking petitioner with the defaulting entity after employment ended in 2013, rejecting any basis for lifting corporate veil. The action violated Article 300-A of Constitution. HC directed refund of Rs.4,39,210 with 9% annual interest and Rs.20,000 costs within four weeks. Case-Laws VAT and Sales Tax Mon, 06 Jan 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=313284