Assessment Order Not Sustainable If ASMT-12 Issued for Same tax Demand

Radiant Cash Management Services Ltd. Vs Assistant Commissioner (ST) (Madras High Court) This article in context of the judgement RADIANT CASH MANAGEMENT SERVICES LTD (W.P. No. 2981 of 2024 and W.M.P. Nos. 3246 & 3247 of 2024) given by the Hon’ble Madras High Court on 11-03-2024 in regard to the Assessment Order levying the Demand of Tax – Proceedings on that Demand of Tax have been dropped by issuing the ASMT-12 after being satisfied with explanation furnished by the Petitioner in form ASMT-11. The petitioner challenged the Assessment Order levying the Tax, Interest and penalty. The d...