https://www.taxtmi.com/caselaws?id=338382 A declared Supreme Court law remains binding under Article 141 until overruled, so revisional action based on that precedent was valid despite reference to a larger Bench. An amended limitation period could not revive revision claims already time-barred, and the exception clause for revisional jurisdiction could not justify delay where the triggering event arose within the ordinary period. Departmental circulars bind officers but not courts. The levy on builders failed for the period before workable machinery provisions came into force on 16.5.2010, but was sustainable thereafter. An assessment framed against a merged company that had ceased to exist was void. en-us Mon, 30 Jan 2017 00:00:00 +0530 Thu, 22 Mar 2018 17:50:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=338382 A declared Supreme Court law remains binding under Article 141 until overruled, so revisional action based on that precedent was valid despite reference to a larger Bench. An amended limitation period could not revive revision claims already time-barred, and the exception clause for revisional jurisdiction could not justify delay where the triggering event arose within the ordinary period. Departmental circulars bind officers but not courts. The levy on builders failed for the period before workable machinery provisions came into force on 16.5.2010, but was sustainable thereafter. An assessment framed against a merged company that had ceased to exist was void. Case-Laws VAT and Sales Tax Mon, 30 Jan 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=338382