https://www.taxtmi.com/caselaws?id=382782 A reassessment under the Karnataka Value Added Tax Act was unsustainable where the taxpayer was not given an opportunity to file objections to the proposition notice and place its case before the tax authority. The Karnataka High Court held that principles of natural justice required a meaningful hearing, even though the assessment had been completed during insolvency proceedings and books of account were stated to have been furnished by the interim resolution professional's representative. The reassessment order was set aside and the matter remitted to the prescribed authority for a fresh assessment after considering the taxpayer's objections. en-us Thu, 04 Jul 2019 00:00:00 +0530 Thu, 11 Jul 2019 06:09:56 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=382782 A reassessment under the Karnataka Value Added Tax Act was unsustainable where the taxpayer was not given an opportunity to file objections to the proposition notice and place its case before the tax authority. The Karnataka High Court held that principles of natural justice required a meaningful hearing, even though the assessment had been completed during insolvency proceedings and books of account were stated to have been furnished by the interim resolution professional's representative. The reassessment order was set aside and the matter remitted to the prescribed authority for a fresh assessment after considering the taxpayer's objections. Case-Laws VAT and Sales Tax Thu, 04 Jul 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=382782