https://www.taxtmi.com/caselaws?id=264061 Section 64(1) of the Karnataka Value Added Tax Act was treated as conferring revisional power broad enough to modify an assessment, cancel it, or direct a fresh assessment, including the power to impose penalty. The Court also accepted that effective hearing remained material in revision proceedings; where the assessee had not been fully heard, the revisional order was not allowed to stand and the matter was sent back for fresh consideration after hearing the appellant. The proceedings were therefore reopened for reconsideration in accordance with law. en-us Wed, 10 Jun 2015 00:00:00 +0530 Wed, 16 Sep 2015 06:50:01 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=264061 Section 64(1) of the Karnataka Value Added Tax Act was treated as conferring revisional power broad enough to modify an assessment, cancel it, or direct a fresh assessment, including the power to impose penalty. The Court also accepted that effective hearing remained material in revision proceedings; where the assessee had not been fully heard, the revisional order was not allowed to stand and the matter was sent back for fresh consideration after hearing the appellant. The proceedings were therefore reopened for reconsideration in accordance with law. Case-Laws VAT and Sales Tax Wed, 10 Jun 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=264061