Karnataka High Court: Assessee Forfeits Input Tax Rebate if Not Claimed in Initial or Timely Revised Return.

Karnataka High Court: Assessee Forfeits Input Tax Rebate if Not Claimed in Initial or Timely Revised Return. https://www.taxtmi.com/highlights?id=25053 Denial of input tax rebate - Karnataka VAT - If the assessee is not putting forth a claim for input tax deduction in the return filed in July 2006 nor as he put forth such a claim in a revised claim which he could have filed within six months therefrom his right to claim input deduction is lost - HC en-us Fri, 02 Oct 2015 22:57:40 +0530 Fri, 02 Oct 2015 22:57:40 +0530 TaxTMI RSS Generator Karnataka High Court: Assessee Forfeits Input Tax Rebate if Not Claimed in Initial or Timely Revised Return. https://www.taxtmi.com/highlights?id=25053 Denial of input tax rebate - Karnataka VAT - If the assessee is not putting forth a claim for input tax deduction in the return filed in July 2006 nor as he put forth such a claim in a revised claim which he could have filed within six months therefrom his right to claim input deduction is lost - HC Highlights VAT and Sales Tax Fri, 02 Oct 2015 22:57:40 +0530 https://www.taxtmi.com/highlights?id=25053