https://www.taxtmi.com/caselaws?id=335547 Reassessment under Section 24 of the DVAT Act could not be sustained where an earlier classification determination under Section 49 of the Delhi Sales Tax Act had attained finality and the reopening was unsupported by fresh or objective material. The court held that the assessing authority had merely revisited the concluded classification on a different view of the same material, which amounted to an impermissible review rather than a lawful reassessment. In the absence of new facts justifying reopening, the impugned reassessment was set aside in favour of the assessee. en-us Mon, 28 Nov 2016 00:00:00 +0530 Tue, 20 Mar 2018 14:08:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=335547 Reassessment under Section 24 of the DVAT Act could not be sustained where an earlier classification determination under Section 49 of the Delhi Sales Tax Act had attained finality and the reopening was unsupported by fresh or objective material. The court held that the assessing authority had merely revisited the concluded classification on a different view of the same material, which amounted to an impermissible review rather than a lawful reassessment. In the absence of new facts justifying reopening, the impugned reassessment was set aside in favour of the assessee. Case-Laws VAT and Sales Tax Mon, 28 Nov 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=335547