No New Tax Demand After Settlement Under State’s One Time Settlement Scheme

ACME Cleantech Solutions Private Limited Vs Deputy Commissioner (ST) STU-1 (Telangana High Court) No new tax demand by issuing show cause notices in case demand was settled under State’s One Time Settlement Scheme Conclusion: Where the respondents had entered into One Time Settlement despite knowledge of objections of Audit Officer letter, it will be presumed that they had considered the objection and did not find worth in it for exercising powers under Section 32 of the VAT Act or otherwise. Therefore, after having entered into One Time Settlement, it was not open for the respondents to...