https://www.taxtmi.com/caselaws?id=251311 Where an assessment is set aside on remand and a fresh reassessment is made, the six-year period for suo motu revision runs from the reassessment order, and the earlier assessment does not continue to control limitation because it has ceased to survive. On the sales-tax issue, credit notes were not treated as deductible trade discount where the full price had been realised, the invoices did not disclose any discount at the time of sale, and no recurring discount scheme was shown to operate at removal of the goods. The revisional view was supported by the statutory definitions of sale price and turnover, together with the applicable trade-discount principle. en-us Fri, 19 Oct 2012 00:00:00 +0530 Wed, 10 Sep 2014 10:45:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=251311 Where an assessment is set aside on remand and a fresh reassessment is made, the six-year period for suo motu revision runs from the reassessment order, and the earlier assessment does not continue to control limitation because it has ceased to survive. On the sales-tax issue, credit notes were not treated as deductible trade discount where the full price had been realised, the invoices did not disclose any discount at the time of sale, and no recurring discount scheme was shown to operate at removal of the goods. The revisional view was supported by the statutory definitions of sale price and turnover, together with the applicable trade-discount principle. Case-Laws VAT and Sales Tax Fri, 19 Oct 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=251311