TMI BlogVAT Assessment by SITX X X X Extracts X X X X X X X X Extracts X X X X ..... Dear Sir, I would like to share a situation where generally an assessment is done by a Sales tax officer/ Assistant Commissioner of Sales Tax / Deputy Commissioner of Sales Tax as the case may be. Ho ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... wever in a situation where an assessment is carried by a Special Investigation Team (SIT) and a favorable Order is passed. How far is a change that the case can be re-opened in future. Or if the Order ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... is not favorable can the same be Appeal against. regards, ganeshan - Reply By ganeshan kalyani - The Reply = Dear Sir, I understand the Special Investigation Team (SIT) has the some addition pow ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... er as compared to the Assessing authority conducting regular assessment on year on year basis. The SIT conducts the search and audit when they doubt about any tax leakage or evasion. I understand that ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... they also will be issuing Assessment Order and the Order also can be appeal against if it unfavorable. I further touch upon Comptroller Audit General (CAG) may also re-open the case if in future they ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... found any reason to believe tax evasion or so. Experts kindly validate my understanding. regards, ganeshan - VAT Assessment by SIT - Query Started By: - ganeshan kalyani Dated:- 19-8-2014 Value ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... Added Tax - VAT-CST - Got 1 Reply - VAT and Sales Tax - Discussion Forum - Knowledge Sharing, reply post by an expert, personal opinion Tax Management India - taxmanagementindia - taxmanagement - t ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... axmanagementindia.com - TMI - TaxTMI - TMITax ..... X X X X Extracts X X X X X X X X Extracts X X X X
|