https://www.taxtmi.com/caselaws?id=771252 Administrative circulars governing issuance and use of Form III B were to be given effect by the authorities, and could not be ignored while scrutinising concessional purchase declarations. Liability for a false or wrong declaration under Section 3B had to rest on a transaction-specific finding tied to the particular Form III B involved; a blanket assessment for the year was impermissible where the statute required form-wise examination and an opportunity of hearing. In the absence of a pinpointed finding that a specific form was false or wrong, the demand could not be sustained. The impugned orders were set aside and the matter remitted for fresh decision in accordance with law. en-us Thu, 15 May 2025 00:00:00 +0530 Fri, 23 May 2025 08:46:09 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=771252 Administrative circulars governing issuance and use of Form III B were to be given effect by the authorities, and could not be ignored while scrutinising concessional purchase declarations. Liability for a false or wrong declaration under Section 3B had to rest on a transaction-specific finding tied to the particular Form III B involved; a blanket assessment for the year was impermissible where the statute required form-wise examination and an opportunity of hearing. In the absence of a pinpointed finding that a specific form was false or wrong, the demand could not be sustained. The impugned orders were set aside and the matter remitted for fresh decision in accordance with law. Case-Laws VAT / Sales Tax Thu, 15 May 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=771252