https://www.taxtmi.com/highlights?id=48048 Escapement or under-assessment under KVAT Act - mistake in reporting purchase turnover - the authorities have not found any discrepancy in the sales figures returned, or any escapement of sales turnover which is taxable - filing of incomplete or incorrect return might have attracted penalization u/s 67 but alone cannot be used to make an addition in the turnover and to demand tax en-us Fri, 19 Jul 2019 08:23:05 +0530 Fri, 19 Jul 2019 08:23:05 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=48048 Escapement or under-assessment under KVAT Act - mistake in reporting purchase turnover - the authorities have not found any discrepancy in the sales figures returned, or any escapement of sales turnover which is taxable - filing of incomplete or incorrect return might have attracted penalization u/s 67 but alone cannot be used to make an addition in the turnover and to demand tax Highlights VAT and Sales Tax Fri, 19 Jul 2019 08:23:05 +0530 https://www.taxtmi.com/highlights?id=48048