https://www.taxtmi.com/caselaws?id=158031 The revisional power under section 14(4) of the A.P. General Sales Tax Act, 1957 is confined to cases where fresh material not part of the original record later comes to light and justifies reassessment of escaped, under-assessed, or wrongly rated turnover. Mere failure to notice an aspect already available in the assessment record, or non-application of mind to existing material, does not justify reopening. On the facts, the assessment could not be revised merely because the authority had overlooked the purchase of old jewellery from an unregistered dealer and its use in manufacture, so the assessee succeeded. en-us Wed, 09 Nov 1994 00:00:00 +0530 Tue, 15 Oct 2013 14:11:02 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=158031 The revisional power under section 14(4) of the A.P. General Sales Tax Act, 1957 is confined to cases where fresh material not part of the original record later comes to light and justifies reassessment of escaped, under-assessed, or wrongly rated turnover. Mere failure to notice an aspect already available in the assessment record, or non-application of mind to existing material, does not justify reopening. On the facts, the assessment could not be revised merely because the authority had overlooked the purchase of old jewellery from an unregistered dealer and its use in manufacture, so the assessee succeeded. Case-Laws VAT and Sales Tax Wed, 09 Nov 1994 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=158031