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2015 (8) TMI 951 - HC - VAT and Sales TaxRevision of Assessment order – Validity – Commissioner by invoking suo moto revisional powers as per section 63A of KVAT act, revised order of assessment – Aggrieved by revision of assessment order petitioner filed appeal before tribunal which was rejected – Held that:- Section 63A makes it clear that Joint Commissioner has power to exercise revisional jurisdiction for which was not prior to four years from date of order sought to be revised – Rule against retrospective operation was fundamental rule of law that no statute shall be construed to have retrospective operation unless such construction appears very clearly in terms of Act – Therefore Commissioner had power to revise assessment order – No ground to interfere with order of Tribunal – Petition dismissed – Decided against Assesse.
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