https://www.taxtmi.com/caselaws?id=168081 A reasoned sanction is required before reopening assessment under the proviso to Section 21(2) of the U.P. Trade Tax Act, 1948, and a sanction order that records no reasons cannot be sustained. The High Court found the impugned sanction devoid of any reasoned basis, so the reassessment notice based on it was quashed. It also protected the matter from being defeated by limitation for fresh consideration and consequential reassessment, and remanded the matter for fresh decision in accordance with law. en-us Mon, 29 Apr 2013 00:00:00 +0530 Thu, 01 Jan 2015 22:09:02 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=168081 A reasoned sanction is required before reopening assessment under the proviso to Section 21(2) of the U.P. Trade Tax Act, 1948, and a sanction order that records no reasons cannot be sustained. The High Court found the impugned sanction devoid of any reasoned basis, so the reassessment notice based on it was quashed. It also protected the matter from being defeated by limitation for fresh consideration and consequential reassessment, and remanded the matter for fresh decision in accordance with law. Case-Laws VAT and Sales Tax Mon, 29 Apr 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=168081