https://www.taxtmi.com/caselaws?id=249368 The note examines limitation for trade tax assessments under section 21(2) of the U.P. Trade Tax Act, 1948, focusing on successive amendments and the substitution made by U.P. Act No. 11 of 1997. It explains that the substituted provision introduced a new limitation regime permitting assessment or reassessment up to 31.03.1998. On that basis, pending assessments were to be tested under the amended provision rather than an earlier, shorter period. As the validity of the amending Act itself was not challenged, the assessments were treated as governed by the substituted limitation scheme and not as time-barred. en-us Fri, 04 Jul 2014 00:00:00 +0530 Fri, 11 Jul 2014 10:26:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=249368 The note examines limitation for trade tax assessments under section 21(2) of the U.P. Trade Tax Act, 1948, focusing on successive amendments and the substitution made by U.P. Act No. 11 of 1997. It explains that the substituted provision introduced a new limitation regime permitting assessment or reassessment up to 31.03.1998. On that basis, pending assessments were to be tested under the amended provision rather than an earlier, shorter period. As the validity of the amending Act itself was not challenged, the assessments were treated as governed by the substituted limitation scheme and not as time-barred. Case-Laws VAT and Sales Tax Fri, 04 Jul 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=249368