https://www.taxtmi.com/caselaws?id=164892 A conditional exemption notification under the U.P. Trade Tax Act applied only if the prescribed requirements, including export of manufactured goods outside India, were fulfilled. Because the assessment order recorded no finding that those conditions were satisfied and did not even refer to the notification, the grant of full exemption could reasonably give rise to a belief that turnover had escaped assessment. The reassessment notice under section 21 was therefore upheld as valid, and the challenge to it failed. en-us Fri, 27 Aug 2010 00:00:00 +0530 Fri, 26 Sep 2014 11:41:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=164892 A conditional exemption notification under the U.P. Trade Tax Act applied only if the prescribed requirements, including export of manufactured goods outside India, were fulfilled. Because the assessment order recorded no finding that those conditions were satisfied and did not even refer to the notification, the grant of full exemption could reasonably give rise to a belief that turnover had escaped assessment. The reassessment notice under section 21 was therefore upheld as valid, and the challenge to it failed. Case-Laws VAT and Sales Tax Fri, 27 Aug 2010 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=164892