https://www.taxtmi.com/caselaws?id=200261 A belated revised return under the Karnataka Value Added Tax Act was held not admissible where it was filed beyond six months and sought only a refund on the basis of higher input tax credit, rather than creating additional net tax liability. The court distinguished earlier authority allowing late revisions in cases of additional liability and treated that condition as material to the statutory scheme. On revisional power, the court read the appeal and revision provisions together and noted that revision is ordinarily not invoked over the same subject matter already in appeal; however, where the pending appeal concerned different issues and the first appellate order was prejudicial to revenue, suo motu revision could validly proceed. en-us Wed, 17 Aug 2016 00:00:00 +0530 Sat, 24 Mar 2018 14:44:41 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=200261 A belated revised return under the Karnataka Value Added Tax Act was held not admissible where it was filed beyond six months and sought only a refund on the basis of higher input tax credit, rather than creating additional net tax liability. The court distinguished earlier authority allowing late revisions in cases of additional liability and treated that condition as material to the statutory scheme. On revisional power, the court read the appeal and revision provisions together and noted that revision is ordinarily not invoked over the same subject matter already in appeal; however, where the pending appeal concerned different issues and the first appellate order was prejudicial to revenue, suo motu revision could validly proceed. Case-Laws VAT and Sales Tax Wed, 17 Aug 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=200261