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    <title>2018 (1) TMI 1442 - KARNATAKA HIGH COURT</title>
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    <description>An assessment made at a higher tax rate was set aside because the petitioners had not been given adequate opportunity to produce supporting documents and be personally heard. The Court noted that the petitioners had sought the relevant worksheet and time to place records, that the documents were spread across several departments, and that the admitted tax had already been paid. The matter was remitted to the Assessing Authority for fresh consideration after compliance with natural justice, with a bank guarantee directed to safeguard the disputed amount during reconsideration.</description>
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      <description>An assessment made at a higher tax rate was set aside because the petitioners had not been given adequate opportunity to produce supporting documents and be personally heard. The Court noted that the petitioners had sought the relevant worksheet and time to place records, that the documents were spread across several departments, and that the admitted tax had already been paid. The matter was remitted to the Assessing Authority for fresh consideration after compliance with natural justice, with a bank guarantee directed to safeguard the disputed amount during reconsideration.</description>
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