https://www.taxtmi.com/caselaws?id=354950 An amendment to the reassessment provision expressly given retrospective effect was held to permit reassessment within the extended eight-year period under the Karnataka Value Added Tax Act, 2003. The limitation objection to the Tribunal's remand order was therefore not accepted, because the retrospective amendment had already been recognised in earlier proceedings and validated the reassessment period relied on by the Tribunal. The remand itself was sustained, and the matter remained open for determination of taxable turnover before the first appellate authority, where the petitioner could raise all remaining contentions. en-us Tue, 18 Jul 2017 00:00:00 +0530 Thu, 08 Feb 2018 07:45:27 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=354950 An amendment to the reassessment provision expressly given retrospective effect was held to permit reassessment within the extended eight-year period under the Karnataka Value Added Tax Act, 2003. The limitation objection to the Tribunal's remand order was therefore not accepted, because the retrospective amendment had already been recognised in earlier proceedings and validated the reassessment period relied on by the Tribunal. The remand itself was sustained, and the matter remained open for determination of taxable turnover before the first appellate authority, where the petitioner could raise all remaining contentions. Case-Laws VAT and Sales Tax Tue, 18 Jul 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=354950