https://www.taxtmi.com/caselaws?id=345262 The Court quashed the assessment proceedings, emphasizing that notifications issued after the original limitation period expired could not revive the assessments. The judgment highlighted the importance of recording valid reasons for extending assessment periods and clarified that extensions post-expiration are not legally sustainable. The Court stressed that once the limitation period lapses, the right to assess extinguishes. The decision aligned with the essence of the law, ensuring fair interpretation under the Chhattisgarh Commercial Tax Act, 1994. en-us Thu, 23 Feb 2017 00:00:00 +0530 Thu, 13 Jul 2017 07:24:47 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=345262 The Court quashed the assessment proceedings, emphasizing that notifications issued after the original limitation period expired could not revive the assessments. The judgment highlighted the importance of recording valid reasons for extending assessment periods and clarified that extensions post-expiration are not legally sustainable. The Court stressed that once the limitation period lapses, the right to assess extinguishes. The decision aligned with the essence of the law, ensuring fair interpretation under the Chhattisgarh Commercial Tax Act, 1994. Case-Laws VAT and Sales Tax Thu, 23 Feb 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=345262