Saturday, 12 September 2015

HC exercises its inherent powers under CPC to direct AO to refund assessee's deposit with interest

CST & VAT : Tamil Nadu VAT - Where assessee filed revision and as per directions of High Court paid certain amount as condition precedent for grant of stay and subsequently High Court allowed revision, Assessing Authority was to be directed to give effect to order passed by High Court by refunding amount deposited by assessee along with interest

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