https://www.taxtmi.com/caselaws?id=189613 Reassessment under Section 21(2) of the U.P. Trade Tax Act was treated as justified where the authority had prima facie material showing that reassessment was just and expedient. The High Court accepted that such power could be invoked even beyond the normal limitation period and despite a change of opinion, because the record included materials from an excise raid, seizure of records suggesting unrecorded sales, and a director's statement. Objections based on denial of transactions, non-supply of documents, and refusal of cross-examination were not enough to negate the material at that stage, while challenges to the reliability of the seized documents and statements were left for the reassessment proceedings. en-us Thu, 03 Sep 2015 00:00:00 +0530 Sat, 14 Jan 2017 06:45:35 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=189613 Reassessment under Section 21(2) of the U.P. Trade Tax Act was treated as justified where the authority had prima facie material showing that reassessment was just and expedient. The High Court accepted that such power could be invoked even beyond the normal limitation period and despite a change of opinion, because the record included materials from an excise raid, seizure of records suggesting unrecorded sales, and a director's statement. Objections based on denial of transactions, non-supply of documents, and refusal of cross-examination were not enough to negate the material at that stage, while challenges to the reliability of the seized documents and statements were left for the reassessment proceedings. Case-Laws VAT and Sales Tax Thu, 03 Sep 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=189613