https://www.taxtmi.com/caselaws?id=162719 Suo motu revision under section 20(1) of the Assam Finance (Sales Tax) Act, 1956 is supervisory and can be used only where the completed assessment is both erroneous and prejudicial to the interests of Revenue. A mere belief that turnover was understated is insufficient; the revisional authority must rely on materials already on record and show how the original assessment involved an error of law or jurisdiction. Reopening based only on an inspector's report, without authentic supporting material or independent application of mind, is based on conjecture and extraneous direction. The revisional order and the consequential reassessment orders were therefore held unsustainable and quashed. en-us Tue, 01 Jun 2004 00:00:00 +0530 Thu, 13 Mar 2014 12:15:26 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=162719 Suo motu revision under section 20(1) of the Assam Finance (Sales Tax) Act, 1956 is supervisory and can be used only where the completed assessment is both erroneous and prejudicial to the interests of Revenue. A mere belief that turnover was understated is insufficient; the revisional authority must rely on materials already on record and show how the original assessment involved an error of law or jurisdiction. Reopening based only on an inspector's report, without authentic supporting material or independent application of mind, is based on conjecture and extraneous direction. The revisional order and the consequential reassessment orders were therefore held unsustainable and quashed. Case-Laws VAT and Sales Tax Tue, 01 Jun 2004 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=162719