https://www.taxtmi.com/caselaws?id=150529 Section 21 of the U.P. Sales Tax Act permits reopening a completed assessment only where the assessing authority has material giving rise to a reasonable belief that turnover has escaped assessment. Reassessment cannot rest on conjecture, a mere later verification exercise, or the officer's unsupported assumption that electricity consumption or other information was not examined earlier. On the stated facts, the escaped turnover estimate was found to be without material and based on guesswork, so the supplementary assessment and demand notice were invalid and were quashed. en-us Thu, 01 Mar 1973 00:00:00 +0530 Sat, 18 May 2013 12:38:18 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=150529 Section 21 of the U.P. Sales Tax Act permits reopening a completed assessment only where the assessing authority has material giving rise to a reasonable belief that turnover has escaped assessment. Reassessment cannot rest on conjecture, a mere later verification exercise, or the officer's unsupported assumption that electricity consumption or other information was not examined earlier. On the stated facts, the escaped turnover estimate was found to be without material and based on guesswork, so the supplementary assessment and demand notice were invalid and were quashed. Case-Laws VAT and Sales Tax Thu, 01 Mar 1973 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=150529