https://www.taxtmi.com/caselaws?id=200239 Assessment of escaped turnover under the Kerala Value Added Tax Act was held unsustainable where the assessee sought verification of seized records together with the books of account to explain the alleged suppression, but the request was not considered. The assessment proceeded on the mistaken footing that the penalty proceedings had attained finality, even though escaped turnover assessment and penalty proceedings are distinct. Denial of an opportunity to verify and meet the material relied upon against the assessee was treated as a violation of natural justice. The assessment order was set aside and the matter remanded for fresh consideration after permitting verification of the seized records. en-us Fri, 18 Nov 2016 00:00:00 +0530 Fri, 23 Mar 2018 20:36:32 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=200239 Assessment of escaped turnover under the Kerala Value Added Tax Act was held unsustainable where the assessee sought verification of seized records together with the books of account to explain the alleged suppression, but the request was not considered. The assessment proceeded on the mistaken footing that the penalty proceedings had attained finality, even though escaped turnover assessment and penalty proceedings are distinct. Denial of an opportunity to verify and meet the material relied upon against the assessee was treated as a violation of natural justice. The assessment order was set aside and the matter remanded for fresh consideration after permitting verification of the seized records. Case-Laws VAT and Sales Tax Fri, 18 Nov 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=200239