https://www.taxtmi.com/caselaws?id=155219 Amended rule 26(10) of the Karnataka Sales Tax Rules applies to pending assessments because it is procedural and intended to facilitate completion of assessment proceedings. The statutory scheme under sections 12 and 28 requires a dealer's accounts to remain available for scrutiny when the assessing authority treats a return as incorrect or incomplete and proceeds to best judgment assessment. A dealer has no vested right to resist production of records merely because the earlier five-year preservation period has expired. The amendment does not create or take away substantive rights, but governs preservation and production of accounts for assessment purposes. en-us Fri, 10 Jun 1988 00:00:00 +0530 Mon, 02 Sep 2013 14:35:29 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=155219 Amended rule 26(10) of the Karnataka Sales Tax Rules applies to pending assessments because it is procedural and intended to facilitate completion of assessment proceedings. The statutory scheme under sections 12 and 28 requires a dealer's accounts to remain available for scrutiny when the assessing authority treats a return as incorrect or incomplete and proceeds to best judgment assessment. A dealer has no vested right to resist production of records merely because the earlier five-year preservation period has expired. The amendment does not create or take away substantive rights, but governs preservation and production of accounts for assessment purposes. Case-Laws VAT and Sales Tax Fri, 10 Jun 1988 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=155219