https://www.taxtmi.com/caselaws?id=390803 Section 74A revision need not be accompanied by the reasons for initiation, but the Commissioner must record good and sufficient reasons when invoking revisional jurisdiction and furnish them on request. The notice is therefore not invalid merely because reasons are not attached, though the assessee is entitled to obtain the recorded basis. A pending revision is not, by itself, a statutory ground to withhold a VAT refund under Sections 38 and 39, so the refund could not be delayed on that basis and admissible interest was also payable. The refund was directed to be released, while the objection to the revision notice was not accepted in the form urged. en-us Wed, 08 Jan 2020 00:00:00 +0530 Mon, 13 Jan 2020 07:44:58 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=390803 Section 74A revision need not be accompanied by the reasons for initiation, but the Commissioner must record good and sufficient reasons when invoking revisional jurisdiction and furnish them on request. The notice is therefore not invalid merely because reasons are not attached, though the assessee is entitled to obtain the recorded basis. A pending revision is not, by itself, a statutory ground to withhold a VAT refund under Sections 38 and 39, so the refund could not be delayed on that basis and admissible interest was also payable. The refund was directed to be released, while the objection to the revision notice was not accepted in the form urged. Case-Laws VAT and Sales Tax Wed, 08 Jan 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=390803