Arriving at taxable turnover arbitrarily under TNVAT Act without giving value of goods and services untenable

Tvl.R.Rama Rao Vs Assistant Commissioner (ST) (Madras High Court) Madras High Court held that the arriving at taxable turnover arbitrarily without giving particulars of the value of the goods and value of the services untenable under Tamil Nadu Value Added Tax Act (TNVAT Act). Facts- The petitioner has preferred the present writ as being aggrieved by the impugned order dated 01.06.2022. The estimated taxable turnover has been arrived at Rs.19,81,79,432/-, by deducting 30% towards labour charges and like charges from the total contract income of Rs.28,31,13,474/- reported in the Profit & Lo...