https://www.taxtmi.com/caselaws?id=200244 Suo motu revisional power under section 36(1) of the Assam General Sales Tax Act, 1993 was held available where a concluded assessment reflected incorrect application of the statute and caused loss of lawful revenue. The assessment had allowed deduction beyond the 25% limit in section 8(3)(iv)(b) read with rule 14(1)(b), and the attempted rectification under section 37 did not turn the matter into a mere clerical or arithmetical error. The Court held that revision is not confined to narrow jurisdictional defects; an order erroneous in law or on facts and prejudicial to revenue can be revised. The revisional order and consequential demand were sustained. en-us Tue, 18 Apr 2017 00:00:00 +0530 Sat, 24 Mar 2018 08:38:04 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=200244 Suo motu revisional power under section 36(1) of the Assam General Sales Tax Act, 1993 was held available where a concluded assessment reflected incorrect application of the statute and caused loss of lawful revenue. The assessment had allowed deduction beyond the 25% limit in section 8(3)(iv)(b) read with rule 14(1)(b), and the attempted rectification under section 37 did not turn the matter into a mere clerical or arithmetical error. The Court held that revision is not confined to narrow jurisdictional defects; an order erroneous in law or on facts and prejudicial to revenue can be revised. The revisional order and consequential demand were sustained. Case-Laws VAT and Sales Tax Tue, 18 Apr 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=200244