The Pr.Commissioner of vs. M/S Mahaveer Calyx
In the result, the orders passed by the Assessing
ITA/422/2017HC Karnataka05 Feb 2021
Bench: SATISH CHANDRA SHARMA,V SRISHANANDA
Section 39(1)Section 5Section 65(1)Section 9(2)
…vested right had accrued to the petitioner which could not be taken away by a retrospective amendment. In support of aforesaid submission, reliance has been placed on the decisions in 'K.G.KHOSLA & CO. Vs. DEPUTY COMMISSIONER OF COMMERCIAL TAX' (1966) 017 STC 473, 'STATE OF KARNATAKA Vs. AZAD COACH BUILDERS' 2010 VIL 12 SC, 'ABB LIMITED Vs. COMMISSIONER, DELHI VALUE ADDED TAX' (2012) 55 VST 1, 'COMMISSIONER, DELHI VALUE ADDED TAX Vs. ABB LTD.' (2016) 91 VST 188 (SC), 'TATA ENGINEERING & LOCOMOTIVE CO. Vs. THE ASSISTANT COMMISSIONER OF CENTRAL TAX' (1970) 1 SCC 622, 'KELVINATOR OF INDIA LTD. V…