https://www.taxtmi.com/caselaws?id=356977 The court emphasized the importance of interpreting procedural provisions in a taxing statute in a developing economy and urged tax authorities to be accommodating in rectifying technical omissions for tax compliance. Despite the strict construction of limitation provisions for revising returns, the judgment allowed the petitioner to revise annual returns under the Kerala Value Added Tax Act for the year 2011-2012. The court highlighted the benefit of input tax credit and concessions under the Taxing Statute, encouraging dealers to voluntarily correct omissions without penalty or differential tax demands. en-us Fri, 27 Oct 2017 00:00:00 +0530 Fri, 27 Apr 2018 11:31:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=356977 The court emphasized the importance of interpreting procedural provisions in a taxing statute in a developing economy and urged tax authorities to be accommodating in rectifying technical omissions for tax compliance. Despite the strict construction of limitation provisions for revising returns, the judgment allowed the petitioner to revise annual returns under the Kerala Value Added Tax Act for the year 2011-2012. The court highlighted the benefit of input tax credit and concessions under the Taxing Statute, encouraging dealers to voluntarily correct omissions without penalty or differential tax demands. Case-Laws VAT and Sales Tax Fri, 27 Oct 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=356977