https://www.taxtmi.com/caselaws?id=189736 A reassessment under the Karnataka Value Added Tax Act was quashed because the authority proceeded without granting the assessee a reasonable opportunity to furnish records and objections. The court held that, in tax matters, liability should not be fastened until the assessee is given a fair chance to explain the case and produce materials, and a hurried refusal to allow time can violate natural justice and render the action arbitrary. The reassessment order and consequential demand notice were set aside, and the matter was remitted for reconsideration after providing an opportunity to appear and file records. en-us Tue, 25 Feb 2014 00:00:00 +0530 Wed, 18 Jan 2017 21:00:24 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=189736 A reassessment under the Karnataka Value Added Tax Act was quashed because the authority proceeded without granting the assessee a reasonable opportunity to furnish records and objections. The court held that, in tax matters, liability should not be fastened until the assessee is given a fair chance to explain the case and produce materials, and a hurried refusal to allow time can violate natural justice and render the action arbitrary. The reassessment order and consequential demand notice were set aside, and the matter was remitted for reconsideration after providing an opportunity to appear and file records. Case-Laws VAT and Sales Tax Tue, 25 Feb 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=189736