https://www.taxtmi.com/caselaws?id=249933 Where turnover and profit were fully disclosed in the returns, the mere fact that the assessing authority initially treated the profit as exempt was only an error of judgment and not escaped assessment. On those facts, reassessment under section 12 of the Rajasthan Sales Tax Act, 1954 was not available; the appropriate remedy was revision under section 15(1). The challenge to the Tax Board's order therefore failed. en-us Fri, 13 Dec 2013 00:00:00 +0530 Mon, 28 Jul 2014 09:31:08 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=249933 Where turnover and profit were fully disclosed in the returns, the mere fact that the assessing authority initially treated the profit as exempt was only an error of judgment and not escaped assessment. On those facts, reassessment under section 12 of the Rajasthan Sales Tax Act, 1954 was not available; the appropriate remedy was revision under section 15(1). The challenge to the Tax Board's order therefore failed. Case-Laws VAT and Sales Tax Fri, 13 Dec 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=249933