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Revenue Cannot Challenge One Year After Accepting Same KVAT ITC Method in Earlier Years: Karnataka HC
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AdvertisementCommissioner of Commercial Taxes Vs Jindal Aluminium Limited (Karnataka High Court) The Karnataka High Court dismissed the Sales Tax Revision Petition filed by the Commissioner of Commercial Taxes challenging the Karnataka Appellate Tribunal’s order dated 05.10.2018 in STA No.247/2017.
The Tribunal had allowed the respondent-assessee’s appeal, set aside the orders of the Assessing Authority (AA) and the First Appellate Authority (FAA), and remitted the matter to the Assessing Authority for the limited purpose of adopting the assessee’s method of computing non-deductible input...