https://www.taxtmi.com/caselaws?id=150564 A notice reopening a closed sales tax assessment was invalid because the authority did not disclose any cogent, objective material justifying reassessment. Although the reopening power under section 16 of the Madras General Sales Tax Act is wide, it cannot be exercised on mere conjecture or suspicion. The notice also failed to substantiate the alleged commission-agent transaction issue under explanation (4) to section 2(n) or the suggested independent sales contract theory. In the absence of legally relevant reasons, the reassessment initiation was interdicted and the writ petition succeeded for the assessee. en-us Thu, 29 Jul 1971 00:00:00 +0530 Sat, 18 May 2013 16:27:56 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=150564 A notice reopening a closed sales tax assessment was invalid because the authority did not disclose any cogent, objective material justifying reassessment. Although the reopening power under section 16 of the Madras General Sales Tax Act is wide, it cannot be exercised on mere conjecture or suspicion. The notice also failed to substantiate the alleged commission-agent transaction issue under explanation (4) to section 2(n) or the suggested independent sales contract theory. In the absence of legally relevant reasons, the reassessment initiation was interdicted and the writ petition succeeded for the assessee. Case-Laws VAT and Sales Tax Thu, 29 Jul 1971 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=150564