https://www.taxtmi.com/caselaws?id=164122 Revisional jurisdiction under the Kerala General Sales Tax Act was held available where the revision rested on later-acquired material from income-tax proceedings and on a point not decided in the earlier appeal. The earlier appeal concerned only the reasonableness of the original turnover estimate on the materials then available, while the revision was based on the assessee's admission of unaccounted sales before the Income-tax Settlement Commission. The text also states that an assessment causing loss of tax is prejudicial to revenue for purposes of section 35(1), because non-interference would permit underassessment and loss to the State. en-us Tue, 07 Oct 2008 00:00:00 +0530 Thu, 27 Nov 2014 12:31:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=164122 Revisional jurisdiction under the Kerala General Sales Tax Act was held available where the revision rested on later-acquired material from income-tax proceedings and on a point not decided in the earlier appeal. The earlier appeal concerned only the reasonableness of the original turnover estimate on the materials then available, while the revision was based on the assessee's admission of unaccounted sales before the Income-tax Settlement Commission. The text also states that an assessment causing loss of tax is prejudicial to revenue for purposes of section 35(1), because non-interference would permit underassessment and loss to the State. Case-Laws VAT and Sales Tax Tue, 07 Oct 2008 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=164122