https://www.taxtmi.com/caselaws?id=406849 Suo motu revision under the KVAT Act is permissible only where the order is both erroneous and prejudicial to the interests of the Revenue. The revisional authority cannot bypass that jurisdictional finding by sending the matter for a fresh look or a fishing enquiry. Here, the authority remanded the assessment issue concerning deduction of payments to sub-contractors without recording a categorical conclusion on the assessee's entitlement or on the statutory conditions for revision. The HC set aside the revisional orders and directed fresh consideration with a specific finding on the deduction claim and the revision threshold. en-us Mon, 29 Mar 2021 00:00:00 +0530 Sat, 24 Apr 2021 21:04:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=406849 Suo motu revision under the KVAT Act is permissible only where the order is both erroneous and prejudicial to the interests of the Revenue. The revisional authority cannot bypass that jurisdictional finding by sending the matter for a fresh look or a fishing enquiry. Here, the authority remanded the assessment issue concerning deduction of payments to sub-contractors without recording a categorical conclusion on the assessee's entitlement or on the statutory conditions for revision. The HC set aside the revisional orders and directed fresh consideration with a specific finding on the deduction claim and the revision threshold. Case-Laws VAT and Sales Tax Mon, 29 Mar 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=406849