Escapement or under-assessment under KVAT Act - mistake in ...

Mistake in Reporting Purchase Turnover Under KVAT Act Does Not Warrant Additional Tax Without Sales Discrepancies.

July 19, 2019

Case Laws VAT and Sales Tax HC

Escapement or under-assessment under KVAT Act - mistake in reporting purchase turnover - the authorities have not found any discrepancy in the sales figures returned, or any escapement of sales turnover which is taxable - filing of incomplete or incorrect return might have attracted penalization u/s 67 but alone cannot be used to make an addition in the turnover and to demand tax

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Escapement or under-assessment under KVAT Act - mistake in ...

Mistake in Reporting Purchase Turnover Under KVAT Act Does Not Warrant Additional Tax Without Sales Discrepancies.

July 19, 2019

Case Laws VAT and Sales Tax HC

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