https://www.taxtmi.com/caselaws?id=154450 A notice for best judgment assessment under section 11(2) of the Punjab General Sales Tax Act was treated as barred where the Assessing Authority had not taken an effective step within the prescribed limitation period. The five-year period under section 11(4) was computed from the expiry of the relevant return period, not from a later date. The court read earlier Supreme Court authority on the unamended provision as supporting this approach and treated the later authority as not displacing it. The assessee therefore succeeded on the limitation issue. en-us Thu, 13 Feb 1986 00:00:00 +0530 Wed, 21 Aug 2013 15:13:38 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=154450 A notice for best judgment assessment under section 11(2) of the Punjab General Sales Tax Act was treated as barred where the Assessing Authority had not taken an effective step within the prescribed limitation period. The five-year period under section 11(4) was computed from the expiry of the relevant return period, not from a later date. The court read earlier Supreme Court authority on the unamended provision as supporting this approach and treated the later authority as not displacing it. The assessee therefore succeeded on the limitation issue. Case-Laws VAT and Sales Tax Thu, 13 Feb 1986 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=154450