https://www.taxtmi.com/caselaws?id=163013 A prosecution or compounding notice under the Karnataka Value Added Tax Act cannot lawfully quantify an alleged liability or proceed on evasion before the competent authority first determines the tax liability in the manner prescribed by the statute. A return treated as deemed assessment, if considered incorrect or incomplete, must be dealt with through reassessment; a notice under sections 79 and 82 was therefore an unauthorised exercise of power and was quashed. The advance ruling clarifying the effect of the Supreme Court decision was left undisturbed, with the factual application of that ruling left to the assessing authorities. en-us Thu, 03 Jul 2008 00:00:00 +0530 Fri, 05 Dec 2014 09:46:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=163013 A prosecution or compounding notice under the Karnataka Value Added Tax Act cannot lawfully quantify an alleged liability or proceed on evasion before the competent authority first determines the tax liability in the manner prescribed by the statute. A return treated as deemed assessment, if considered incorrect or incomplete, must be dealt with through reassessment; a notice under sections 79 and 82 was therefore an unauthorised exercise of power and was quashed. The advance ruling clarifying the effect of the Supreme Court decision was left undisturbed, with the factual application of that ruling left to the assessing authorities. Case-Laws VAT and Sales Tax Thu, 03 Jul 2008 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=163013