Supreme Administrative Court dismissed VAT and income tax claims by a student association regarding fair market value of mess revenue.

The Supreme Administrative Court dismissed the student association's claims for VAT and income tax deductions based on the fair market value of revenue from organizing business fairs. The association argued that the revenue should be valued at fair market rates rather than actual proceeds, citing specific tax provisions. The court rejected this, ruling that the actual proceeds from the fairs constituted the taxable base and that the requested valuation method was not supported by law.