Assessment Solely on the basis of Case Study / electricity consumption under TNGST Act is invalid

Published: 15/11/2017
Assessment Solely on the basis of Case Study / electricity consumption under TNGST Act is invalid
Source: TAXGURU.IN

Probably, the case study can be a reason for issuing a revision notice, but that cannot be the sole basis for completing the assessment. Repeatedly, Courts have held that electricity current consumption charges cannot be a basis for revision of turnover.

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