https://www.taxtmi.com/caselaws?id=192248 Reassessment for the 2010-11 assessment year could not be initiated on a mere change of opinion where the same job-work transaction involving varnish had already been examined in the original assessment and treated as an inter-State sale taxable at 2% on the basis of Form C. The sanction for reopening disclosed no fresh material or new information, and it relied only on a different view taken in a later assessment year. On those facts, the reopening lacked the statutory foundation required to confer jurisdiction, so the reassessment proceedings were invalid and the sanction order and notice were quashed. en-us Mon, 27 Feb 2017 00:00:00 +0530 Tue, 27 Mar 2018 14:21:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=192248 Reassessment for the 2010-11 assessment year could not be initiated on a mere change of opinion where the same job-work transaction involving varnish had already been examined in the original assessment and treated as an inter-State sale taxable at 2% on the basis of Form C. The sanction for reopening disclosed no fresh material or new information, and it relied only on a different view taken in a later assessment year. On those facts, the reopening lacked the statutory foundation required to confer jurisdiction, so the reassessment proceedings were invalid and the sanction order and notice were quashed. Case-Laws VAT and Sales Tax Mon, 27 Feb 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=192248