2013 (4) TMI 123

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....T PLEADER SMT. SHOBA ANNAMMA EAPEAN JUDGMENT Petitioner is an FL-3 licensee. Assessment for the years 2006-07, 2007-08 and 2008-09 were completed on the basis of the option of compounding exercised by the petitioner.   Subsequently, they were issued Ext.P1 series of notices proposing to revise the assessment orders adopting the higher compounded tax payable as indicated in the notice....

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....e of the opening stock is illegal. It is stated that therefore Ext.P5 circular is also included. However, the learned Government Pleader relied on the judgment of this court in Sannidhan Bar and Rstuarant V. State of Kerala (2011 (42) VST 352(Ker), where an order of rectification including the value of the opening stock was upheld by this court. 5. Having considered the rival submissions mad....