2007 (8) TMI 676

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....ce for the respondents. With the consent of the learned counsel appearing for the parties concerned, the writ petition itself is taken up for final disposal. Heard Mr. S. Raghunathan learned counsel appearing for the petitioner as well as Mr. R. Mahadevan, Additional Government Pleader for Tax for the respondents. It is submitted that the petitioner is engaged, inter alia, in the business....

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....oth on the stock transfer of Rs. 69,36,08,017 and also on the value of sales effected against credit notes, amounting to Rs. 14,73,351. As regards the inter-State sales, the petitioner had claimed assessment at the concessional rate of four per cent. The Commercial Tax Officer, Triplicane-II Assessment Circle, had issued a pre-assessment notice prior to checking of accounts and other documentary e....

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....rtunity to the petitioner to object to the proposed assessment. Accordingly, the Commercial Tax Officer, Triplicane-II Assessment Circle, had granted a fresh hearing to the petitioner, on July 27, 2004. Inspite of the petitioner producing all the necessary records in respect of his claims, the third respondent by an order in CST/731/D/95-96, dated April 30, 2007, had disallowed the petitioner'....