https://www.taxtmi.com/caselaws?id=162064 Reassessment under section 21 of the U.P. Trade Tax Act, 1948 could not rest on a mere change of opinion where the original assessments had already examined the classification and taxability of the hubs and allowed exemption on departmental material and a circular. The later notices relied on the same subject matter and a subsequent report that did not conclusively establish ineligibility for use in animal-driven vehicles or exclusive use in tractor trolleys. In the absence of fresh and cogent material with a rational nexus to escapement of turnover, the reopening was invalid and the reassessment notices were quashed. en-us Thu, 29 Jan 2004 00:00:00 +0530 Thu, 27 Jun 2024 15:42:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=162064 Reassessment under section 21 of the U.P. Trade Tax Act, 1948 could not rest on a mere change of opinion where the original assessments had already examined the classification and taxability of the hubs and allowed exemption on departmental material and a circular. The later notices relied on the same subject matter and a subsequent report that did not conclusively establish ineligibility for use in animal-driven vehicles or exclusive use in tractor trolleys. In the absence of fresh and cogent material with a rational nexus to escapement of turnover, the reopening was invalid and the reassessment notices were quashed. Case-Laws VAT and Sales Tax Thu, 29 Jan 2004 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=162064