Audit Assessment Under GVAT Act Lacks Jurisdiction Due to Absence of Pending Proceedings, Violating Section 34(8A) Requirements.

Audit Assessment Under GVAT Act Lacks Jurisdiction Due to Absence of Pending Proceedings, Violating Section 34(8A) Requirements. https://www.taxtmi.com/highlights?id=68806 Audit assessment - exercising powers were invoked u/s 34(8A) of the GVAT Act despite the fact that no proceedings were pending - Since the basic condition ‘during the course of any proceedings under the Act’ of Sub section (8A) of Section 34 of the Act is not satisfied and no proceedings under the Act are pending, the impugned notice dated 1.9.2022 and the assessment order dated 16.9.2022 stands without jurisdiction. - HC en-us Mon, 20 Mar 2023 08:32:44 +0530 Mon, 20 Mar 2023 08:32:44 +0530 TaxTMI RSS Generator Audit Assessment Under GVAT Act Lacks Jurisdiction Due to Absence of Pending Proceedings, Violating Section 34(8A) Requirements. https://www.taxtmi.com/highlights?id=68806 Audit assessment - exercising powers were invoked u/s 34(8A) of the GVAT Act despite the fact that no proceedings were pending - Since the basic condition ‘during the course of any proceedings under the Act’ of Sub section (8A) of Section 34 of the Act is not satisfied and no proceedings under the Act are pending, the impugned notice dated 1.9.2022 and the assessment order dated 16.9.2022 stands without jurisdiction. - HC Highlights VAT and Sales Tax Mon, 20 Mar 2023 08:32:44 +0530 https://www.taxtmi.com/highlights?id=68806