https://www.taxtmi.com/highlights?id=53031 Reduction of input tax credit (ITC) - If unlimited time period is available to the Revenue for assessment/re-assessment/revision in any case based on a decision rendered in the case of any other dealer the same would lead to an irreparable situation and, in such circumstances, it renders Section 84A manifestly arbitrary and unreasonable - Section 84A of the VAT Act is liable to be struck down even on the ground of being manifestly arbitrary, excessive, oppressive and unreasonable. - HC en-us Sat, 18 Apr 2020 11:59:48 +0530 Sat, 18 Apr 2020 11:59:48 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=53031 Reduction of input tax credit (ITC) - If unlimited time period is available to the Revenue for assessment/re-assessment/revision in any case based on a decision rendered in the case of any other dealer the same would lead to an irreparable situation and, in such circumstances, it renders Section 84A manifestly arbitrary and unreasonable - Section 84A of the VAT Act is liable to be struck down even on the ground of being manifestly arbitrary, excessive, oppressive and unreasonable. - HC Highlights VAT and Sales Tax Sat, 18 Apr 2020 11:59:48 +0530 https://www.taxtmi.com/highlights?id=53031