Thursday, 24 April 2014

Assessee was liable to VAT on Rent as it accepted regular sums from tenants and latter wasn’t proved

CST & VAT : When assessee accepted regular payments from user of property, there was implied tenancy and amounts received were liable to tax; for non-taxation, it is on assessee to prove that tenant was a trespasser and sums received were damages in form of mesne profits.


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