https://www.taxtmi.com/caselaws?id=290374 A reassessment made pursuant to a Commissioner's direction for fresh assessment under section 64(2) of the Karnataka Value Added Tax Act was held to be within limitation. Section 40(1) bars reassessment after five years from the end of the prescribed tax period, but section 40(3) excludes only the time spent in appeals and revisional proceedings. A direction for fresh assessment under section 64(2) is not part of those excluded proceedings, so limitation runs from the date of that direction. The challenge to the demand therefore failed, and the writ petition was dismissed, leaving the assessee to pursue the statutory appellate remedy. en-us Thu, 17 Oct 2019 00:00:00 +0530 Mon, 30 Nov 2020 12:06:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=290374 A reassessment made pursuant to a Commissioner's direction for fresh assessment under section 64(2) of the Karnataka Value Added Tax Act was held to be within limitation. Section 40(1) bars reassessment after five years from the end of the prescribed tax period, but section 40(3) excludes only the time spent in appeals and revisional proceedings. A direction for fresh assessment under section 64(2) is not part of those excluded proceedings, so limitation runs from the date of that direction. The challenge to the demand therefore failed, and the writ petition was dismissed, leaving the assessee to pursue the statutory appellate remedy. Case-Laws VAT and Sales Tax Thu, 17 Oct 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=290374