https://www.taxtmi.com/caselaws?id=164508 Reassessment under section 35(1) of the Bombay Sales Tax Act, 1959 can be initiated only on recorded objective reasons showing a rational belief that turnover has escaped assessment or been under-assessed. Mere suspicion, or a note sheet entry stating that Form 28 was issued, is not enough because it does not disclose application of mind or the factual basis for reopening a completed assessment. On that footing, the reassessment was without jurisdiction, and the Tribunal was justified in quashing it and rejecting rectification. en-us Fri, 29 Jan 2010 00:00:00 +0530 Fri, 17 Oct 2014 10:55:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=164508 Reassessment under section 35(1) of the Bombay Sales Tax Act, 1959 can be initiated only on recorded objective reasons showing a rational belief that turnover has escaped assessment or been under-assessed. Mere suspicion, or a note sheet entry stating that Form 28 was issued, is not enough because it does not disclose application of mind or the factual basis for reopening a completed assessment. On that footing, the reassessment was without jurisdiction, and the Tribunal was justified in quashing it and rejecting rectification. Case-Laws VAT and Sales Tax Fri, 29 Jan 2010 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=164508