https://www.taxtmi.com/caselaws?id=164765 Section 21 of the U.P. Trade Tax Act, 1948 could be used only on relevant material creating a bona fide belief that turnover had escaped assessment, not on a fishing inquiry. The court found that menthol oil purchases were supported by invoices, Form IIIC(2), account entries and bank statements, and had already been verified in the original assessment, so reassessment against the purchaser could not rest merely on the selling dealer's nondisclosure. The packing material notice also lacked foundation because the form relied on was issued after the relevant assessment year. As no reasons showed proper application of mind, the notices were quashed. en-us Wed, 15 Jul 2009 00:00:00 +0530 Wed, 05 Nov 2014 14:32:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=164765 Section 21 of the U.P. Trade Tax Act, 1948 could be used only on relevant material creating a bona fide belief that turnover had escaped assessment, not on a fishing inquiry. The court found that menthol oil purchases were supported by invoices, Form IIIC(2), account entries and bank statements, and had already been verified in the original assessment, so reassessment against the purchaser could not rest merely on the selling dealer's nondisclosure. The packing material notice also lacked foundation because the form relied on was issued after the relevant assessment year. As no reasons showed proper application of mind, the notices were quashed. Case-Laws VAT and Sales Tax Wed, 15 Jul 2009 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=164765