https://www.taxtmi.com/caselaws?id=355352 The court ruled in favor of the petitioners in a case concerning Input Tax Credit (ITC) claims under Section 10(3) of the KVAT Act, 2003. The court held that the time frame for claiming ITC was not restricted and criticized the Respondent Department's restrictive interpretation. The court found the impugned assessment orders disallowing ITC claims to be illegal and unsustainable, quashing them and directing fresh orders in line with the law. Additionally, the court emphasized the need for hierarchical discipline among Assessing Authorities and warned of contempt proceedings for non-compliance, ultimately disposing of the writ petitions in favor of the petitioners without costs. en-us Tue, 06 Feb 2018 00:00:00 +0530 Tue, 19 Feb 2019 14:27:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=355352 The court ruled in favor of the petitioners in a case concerning Input Tax Credit (ITC) claims under Section 10(3) of the KVAT Act, 2003. The court held that the time frame for claiming ITC was not restricted and criticized the Respondent Department's restrictive interpretation. The court found the impugned assessment orders disallowing ITC claims to be illegal and unsustainable, quashing them and directing fresh orders in line with the law. Additionally, the court emphasized the need for hierarchical discipline among Assessing Authorities and warned of contempt proceedings for non-compliance, ultimately disposing of the writ petitions in favor of the petitioners without costs. Case-Laws VAT and Sales Tax Tue, 06 Feb 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=355352