https://www.taxtmi.com/caselaws?id=172948 Reassessment for escaped turnover under Section 21 required a bona fide reason to believe based on relevant material, not mere suspicion or a lone departmental letter. Because the dealer had already produced account books in the original assessment and no other germane material was shown, the reopening lacked jurisdictional foundation. The reassessment order and notice of demand therefore could not be sustained and were quashed. The governing principle is that post-assessment action is valid only where the statutory precondition for escaped turnover is objectively supported by material on record. en-us Mon, 02 Mar 1981 00:00:00 +0530 Fri, 04 Sep 2015 14:21:53 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=172948 Reassessment for escaped turnover under Section 21 required a bona fide reason to believe based on relevant material, not mere suspicion or a lone departmental letter. Because the dealer had already produced account books in the original assessment and no other germane material was shown, the reopening lacked jurisdictional foundation. The reassessment order and notice of demand therefore could not be sustained and were quashed. The governing principle is that post-assessment action is valid only where the statutory precondition for escaped turnover is objectively supported by material on record. Case-Laws VAT and Sales Tax Mon, 02 Mar 1981 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=172948