The Government of Karnataka on April 12, 2023, issued a notification regarding the extension in the time limit for issuance of an order for recovery of tax not paid or short paid or of input tax credit wrongly availed or utilized.
This is in partial modification of the notifications of the Government of Karnataka, Notification (17/2020) No. FD 03 CSL 2020, dated April 20, 2020, Notification (07/2021) No. FD 16 CSL 2021, dated May 06, 2021, and Notification (08/2022) No. FD 07 CSL 2022, dated July 12, 2022.
The following period is as specified below, namely: –
• for the financial year 2017-18, up to December 31, 2023.
• for the financial year 2018-19, up to March 31, 2024.
• for the financial year 2019-20, up to June 30, 2024.
[Notification No. FD 20 CSL 2023]
