Handicraft job work receives concessional GST only for registered principals and predominantly handmade goods; commercial resin articles remain taxabl...
Reassessment disclosure requirements permit stated reasons without revealing information sources, but prior-taxation claims require full examination b...
Independent assessment discretion and corroborated electronic evidence determine validity of on-money additions and undisclosed-consideration assessme...
Section 28A of the Haryana General Sales Tax Act, 1973 dispenses with the requirement of a second notice and opportunity of personal hearing before proceeding with best judgment assessment. However, the Assessing Authority is bound to issue the initial notice for best judgment assessment within the period of five years as prescribed u/s 28(4) of the Act. The Assessing Authority is not required to intimate the basis for arriving at the best judgment assessment or take any other step, except issuing the initial notice within the five-year period. The legislature's use of the word "for" in Section 28A clarifies that the five-year limitation applies to the issuance of the initial notice for best judgment assessment, without the need for additional steps.
Section 28A of the Haryana General Sales Tax Act, 1973 dispenses with the requirement of a second notice and opportunity of personal hearing before proceeding with best judgment assessment. However, the Assessing Authority is bound to issue the initial notice for best judgment assessment within the period of five years as prescribed u/s 28(4) of the Act. The Assessing Authority is not required to intimate the basis for arriving at the best judgment assessment or take any other step, except issuing the initial notice within the five-year period. The legislature's use of the word "for" in Section 28A clarifies that the five-year limitation applies to the issuance of the initial notice for best judgment assessment, without the need for additional steps.
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
TaxTMI 
of 4828 
Join Channel 
