2026 (2) TMI 603

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....wing demand was confirmed against the Petitioner:- "Turnover as determined by the Assessing Authority in respect of: NATURE OF GOODS RATE OF TAX TURNOVER 1 2 3 AS PER ASSESSMENT ORDER   Sl. No. Nature of Turnover Turnover Rs. Rate of Tax Tax Due Rs. 1. Disallowance of claim of Exemption U/s 5(1) of the Act for which no Export documents filed. 1,03,57,788.00 5% 5,17,889.00 2. Assessment U/s 5(3) of the Act 19,48,600.00 -- --- 3. Excess value of Form "H" Declarations filed which had been received from their purchasers assessed U/s 8(2) of the Act 1,07,76,388.00 5% 5,38,819.00 4. Assessment U/s 8(1) of the Act 1,39,380.00 1% 1,394.00 5....

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....y against the defects communicated within 15 days on receipt of the Notice. 5) The allowed time had been expired on : 24.02.2022, as the Notice had been served on you on: 09.02.2022. 6) But you had not filed these objections before the Assessing Officer as instructed in the Notice. 7) Due to non-filing of Objection, the Assessing Officer was not having no other way to complete the assessment other than by passing an order. 8) Hence the assessment order dated 04.03.2022 has been passed properly. 9) But now you have since filed this application without filing any valid recorded documents in support of your contentions. 10) Actually the assessment had been made on the basis of the returns a....