https://www.taxtmi.com/caselaws?id=148453 Gujarat HC analysed the distinction between revisional jurisdiction under section 31 of the Bombay Sales Tax Act, 1953 and reassessment under section 15. It noted that revision may be invoked on errors apparent from the assessment record to test the correctness, legality and propriety of the assessment, while reassessment applies where fresh information shows escaped turnover, under-assessment, lower assessment or wrongful deductions. The article also explains that, where the statute does not prescribe a limitation period for revision, none is implied. It further states that revisional power can include setting aside an illegal assessment and remanding the matter for fresh assessment, so long as the separate reassessment power is not usurped. en-us Fri, 28 Jun 1968 00:00:00 +0530 Sat, 27 Apr 2013 11:12:16 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=148453 Gujarat HC analysed the distinction between revisional jurisdiction under section 31 of the Bombay Sales Tax Act, 1953 and reassessment under section 15. It noted that revision may be invoked on errors apparent from the assessment record to test the correctness, legality and propriety of the assessment, while reassessment applies where fresh information shows escaped turnover, under-assessment, lower assessment or wrongful deductions. The article also explains that, where the statute does not prescribe a limitation period for revision, none is implied. It further states that revisional power can include setting aside an illegal assessment and remanding the matter for fresh assessment, so long as the separate reassessment power is not usurped. Case-Laws VAT and Sales Tax Fri, 28 Jun 1968 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=148453