https://www.taxtmi.com/caselaws?id=362414 The High Court dismissed the Writ Appeals, upholding the judgments of the learned Single Judge, which allowed the revision of returns beyond the statutory period in the absence of pending penal proceedings. The Court emphasized a facilitative approach by the Assessing Officers and directed the assessees to file revised returns within one month, stating that the potential claim for input tax credit should not hinder revision if it is a genuine claim and falls within the statutory timeframe. en-us Wed, 06 Jun 2018 00:00:00 +0530 Tue, 26 Jun 2018 08:32:24 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=362414 The High Court dismissed the Writ Appeals, upholding the judgments of the learned Single Judge, which allowed the revision of returns beyond the statutory period in the absence of pending penal proceedings. The Court emphasized a facilitative approach by the Assessing Officers and directed the assessees to file revised returns within one month, stating that the potential claim for input tax credit should not hinder revision if it is a genuine claim and falls within the statutory timeframe. Case-Laws VAT and Sales Tax Wed, 06 Jun 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=362414