https://www.taxtmi.com/caselaws?id=327754 A retrospective validating amendment inserting Section 11-CC extended the assessment period from three years to five years, so the assessment for Assessment Year 2001-02 was treated as within limitation and remained valid. Because the assessment was sustained only through that validating amendment, the fiscal consequence was confined to the principal sales tax liability, and interest or penalty were not imposed. The text states that the challenge to the assessment failed and that the retrospective amendment cured the limitation defect while excluding ancillary liabilities. en-us Wed, 11 May 2016 00:00:00 +0530 Thu, 19 May 2016 11:14:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=327754 A retrospective validating amendment inserting Section 11-CC extended the assessment period from three years to five years, so the assessment for Assessment Year 2001-02 was treated as within limitation and remained valid. Because the assessment was sustained only through that validating amendment, the fiscal consequence was confined to the principal sales tax liability, and interest or penalty were not imposed. The text states that the challenge to the assessment failed and that the retrospective amendment cured the limitation defect while excluding ancillary liabilities. Case-Laws VAT and Sales Tax Wed, 11 May 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=327754