LAWS(TLNG)-2020-12-120

SAI SRINIVASA COTTON INDUSTRIES Vs. COMMERCIAL TAX OFFICER

Decided On December 08, 2020
M/S SAI SRINIVASA COTTON INDUSTRIES Appellant
V/S
COMMERCIAL TAX OFFICER Respondents

JUDGEMENT

(1.) In this Writ Petition, the petitioner assails the final Assessment Order No.36239 dt.27.03.2020 passed by the 1st respondent for the assessment year 2015-16 under the CST Act, 1956, which was received by the petitioner on 16.11.2020.

(2.) For the assessment year 2015-16, CST Assessment was taken up by the 2nd respondent and a show-cause notice (Ex.P2) dt.08.11.2018 was issued by the 2nd respondent proposing to levy tax at 5% on a turnover of Rs.32.05 Crores.

(3.) The petitioner filed a letter dt.20.05.2019 (Ex.P3) furnishing C & H declaration forms and the audited profit and loss account.