https://www.taxtmi.com/caselaws?id=382951 The Kerala High Court overturned the assessment under Section 25(1) of the Kerala Value Added Tax Act, highlighting the need to establish specific suppression in the declared turnover for tax evasion allegations. The court emphasized the importance of reconciling differences in goods' values and providing sufficient proof to address irregularities. The assessment was quashed for the year 2008-09, with the matter remanded for a fresh assessment to allow the assessee to reconcile differences and demonstrate no turnover suppression, ensuring a fair opportunity for presenting evidence before the Assessing Authority. en-us Wed, 26 Jun 2019 00:00:00 +0530 Fri, 12 Jul 2019 16:52:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=382951 The Kerala High Court overturned the assessment under Section 25(1) of the Kerala Value Added Tax Act, highlighting the need to establish specific suppression in the declared turnover for tax evasion allegations. The court emphasized the importance of reconciling differences in goods' values and providing sufficient proof to address irregularities. The assessment was quashed for the year 2008-09, with the matter remanded for a fresh assessment to allow the assessee to reconcile differences and demonstrate no turnover suppression, ensuring a fair opportunity for presenting evidence before the Assessing Authority. Case-Laws VAT and Sales Tax Wed, 26 Jun 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=382951