https://www.taxtmi.com/caselaws?id=271390 The Court upheld the Tribunal's decision to dismiss the appeals regarding the assessment of land cost at 50% instead of the claimed 45%. It ruled that authorities cannot grant benefits beyond what is claimed in returns without revised filings, emphasizing adherence to the original claims. The Court highlighted the statutory provision for filing revised returns under the Karnataka Value Added Tax Act, 2003, and rejected the petitioner's argument for exceeding the claimed land cost percentage. The judgment favored the revenue, emphasizing the importance of following the information provided in the original returns. en-us Thu, 19 Nov 2015 00:00:00 +0530 Thu, 04 Feb 2016 06:59:35 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=271390 The Court upheld the Tribunal's decision to dismiss the appeals regarding the assessment of land cost at 50% instead of the claimed 45%. It ruled that authorities cannot grant benefits beyond what is claimed in returns without revised filings, emphasizing adherence to the original claims. The Court highlighted the statutory provision for filing revised returns under the Karnataka Value Added Tax Act, 2003, and rejected the petitioner's argument for exceeding the claimed land cost percentage. The judgment favored the revenue, emphasizing the importance of following the information provided in the original returns. Case-Laws VAT and Sales Tax Thu, 19 Nov 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=271390