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High Court Rules Re-assessment Not Allowed Under "Rectification" Using Section 69 KVAT Act Based on Later Clarification.

Whether the re-assessment was permissible under the head of “Rectification of the order in purported exercise of the power u/s 69 of Karnataka Value Added Tax Act, 2003 on the basis of a clarification issued by the Commissioner which itself is after the order of re-assessment dated 28.6.2010? - Held no - HC .....

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