https://www.taxtmi.com/caselaws?id=793187 Corporate guarantee transactions under assessment under Section 73 of the Tamil Nadu GST Act were treated as requiring limited interference, because the main tax demand stemmed from that issue and the assessee's contention that only 1% of turnover was taxable was not seriously disputed. Relying on GST circulars and an earlier High Court decision, the Court set aside the assessment only to the extent it dealt with the corporate guarantee matter and remitted that issue for fresh consideration. The assessee was to be given an opportunity to file a reply and additional documents, while the remaining findings in the assessment order were left undisturbed. en-us Fri, 27 Mar 2026 00:00:00 +0530 Wed, 10 Jun 2026 07:26:53 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=793187 Corporate guarantee transactions under assessment under Section 73 of the Tamil Nadu GST Act were treated as requiring limited interference, because the main tax demand stemmed from that issue and the assessee's contention that only 1% of turnover was taxable was not seriously disputed. Relying on GST circulars and an earlier High Court decision, the Court set aside the assessment only to the extent it dealt with the corporate guarantee matter and remitted that issue for fresh consideration. The assessee was to be given an opportunity to file a reply and additional documents, while the remaining findings in the assessment order were left undisturbed. Case-Laws GST Fri, 27 Mar 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=793187