Abhiram Infra Projects Pvt. Ltd. Vs Additional Commissioner of Commercial Taxes
Date: September 26, 2024
Subject Matter
Revisional Proceedings Under KVAT Act Valid if Initiated Within Four Years
Summary
The High Court rejected the appeal, affirming that the 4-year limitation period prescribed under Section 64 of the Karnataka Value Added Tax Act (KVAT Act) applies to the initiation of revisional proceedings by calling for records and issuing notice,…
FULL TEXT OF THE JUDGMENT/ORDER OF KARNATAKA HIGH COURT The assessee is in appeal under Section 66(1) of the Karnataka Value Added Tax Act, 2003 (for short “KVAT Act” ), with a prayer to set aside the order dated22.05.2023 in Proceedings No.ZAC/03/BNG/SMR-06/21-22 (Annexure-A) passed in exercise of power under Section 64 of KVAT Act and consequently to set aside the demand notice dated 21.07…