https://www.taxtmi.com/caselaws?id=251314 A reassessment notice under the U.P. Trade Tax Act is valid only if, before issuance, the Assessing Officer has relevant material giving rise to a bona fide and rational reason to believe that turnover has escaped assessment. The pre-existing jurisdictional basis must exist prior to notice; it cannot rest on arbitrary or extraneous grounds. Recording reasons in the notice itself may not always be mandatory, but the material and formation of belief must be shown on the file before issuance. Subsequent disclosure of reasons cannot cure the absence of that foundation, and a later notice setting out reasons does not validate the original notice. en-us Mon, 28 Jul 2014 00:00:00 +0530 Mon, 21 Sep 2015 14:15:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=251314 A reassessment notice under the U.P. Trade Tax Act is valid only if, before issuance, the Assessing Officer has relevant material giving rise to a bona fide and rational reason to believe that turnover has escaped assessment. The pre-existing jurisdictional basis must exist prior to notice; it cannot rest on arbitrary or extraneous grounds. Recording reasons in the notice itself may not always be mandatory, but the material and formation of belief must be shown on the file before issuance. Subsequent disclosure of reasons cannot cure the absence of that foundation, and a later notice setting out reasons does not validate the original notice. Case-Laws VAT and Sales Tax Mon, 28 Jul 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=251314