https://www.taxtmi.com/caselaws?id=154366 A reassessment notice under the Bihar Sales Tax Act is valid only where the prescribed authority has information creating reasonable grounds to believe turnover has escaped assessment; mere suspicion is insufficient. On that basis, the memo issued to the dealer was not a valid notice under section 18(1), so the reassessment lacked jurisdiction and could not stand. The Court further stated that failure to object before the assessing authority does not amount to waiver where the authority had no inherent jurisdiction, and there can be no estoppel against the statute. The reassessment was therefore held illegal and invalid. en-us Fri, 06 Apr 1984 00:00:00 +0530 Sat, 17 Aug 2013 18:39:17 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=154366 A reassessment notice under the Bihar Sales Tax Act is valid only where the prescribed authority has information creating reasonable grounds to believe turnover has escaped assessment; mere suspicion is insufficient. On that basis, the memo issued to the dealer was not a valid notice under section 18(1), so the reassessment lacked jurisdiction and could not stand. The Court further stated that failure to object before the assessing authority does not amount to waiver where the authority had no inherent jurisdiction, and there can be no estoppel against the statute. The reassessment was therefore held illegal and invalid. Case-Laws VAT and Sales Tax Fri, 06 Apr 1984 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=154366