https://www.taxtmi.com/caselaws?id=150148 Section 14(4) of the A.P. General Sales Tax Act empowered the assessing authority to reopen and reassess turnover not only when it had escaped assessment or been under-assessed, but also when tax had been levied at a rate lower than the correct rate. Because the admitted position was that the correct rate had not been applied to the relevant turnover, the statutory power was attracted. The Tribunal erred in restricting reassessment to cases of fresh material or clerical mistake and in sending the matter to section 20; the reassessment was therefore authorised in law. en-us Mon, 12 Jul 1971 00:00:00 +0530 Thu, 09 May 2013 14:06:50 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=150148 Section 14(4) of the A.P. General Sales Tax Act empowered the assessing authority to reopen and reassess turnover not only when it had escaped assessment or been under-assessed, but also when tax had been levied at a rate lower than the correct rate. Because the admitted position was that the correct rate had not been applied to the relevant turnover, the statutory power was attracted. The Tribunal erred in restricting reassessment to cases of fresh material or clerical mistake and in sending the matter to section 20; the reassessment was therefore authorised in law. Case-Laws VAT and Sales Tax Mon, 12 Jul 1971 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=150148