https://www.taxtmi.com/caselaws?id=165738 Reassessment under the Karnataka Value Added Tax regime requires express empowerment of the prescribed authority under the Act and Rules. The text explains that section 39(1), read with the definition of prescribed authority in section 2(24) and the relevant rules, limits reassessment jurisdiction to an officer authorised by the Government or the Commissioner. Audit or assignment notes, without clear statutory authorisation, do not confer reassessment power. The distinction between audit functions and reassessment jurisdiction is therefore material, and audit assignment cannot substitute for the express authority required to sustain a reassessment order. en-us Wed, 10 Nov 2010 00:00:00 +0530 Fri, 19 Sep 2014 13:31:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=165738 Reassessment under the Karnataka Value Added Tax regime requires express empowerment of the prescribed authority under the Act and Rules. The text explains that section 39(1), read with the definition of prescribed authority in section 2(24) and the relevant rules, limits reassessment jurisdiction to an officer authorised by the Government or the Commissioner. Audit or assignment notes, without clear statutory authorisation, do not confer reassessment power. The distinction between audit functions and reassessment jurisdiction is therefore material, and audit assignment cannot substitute for the express authority required to sustain a reassessment order. Case-Laws VAT and Sales Tax Wed, 10 Nov 2010 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=165738