https://www.taxtmi.com/caselaws?id=352421 Reassessment under the U.P. VAT Act cannot be sustained where the proposed reopening is based only on a change of opinion on material already examined in the original assessment. The assessing officer had already issued notice, considered the assessee's reply, and accepted that the turnover did not represent taxable consideration; the later reassessment proposal relied on the same transaction without any fresh fact, document, or information. Sanction proceedings do not remove the requirement of material supporting a reason to believe that turnover has escaped assessment. On that basis, the notice and sanction order were quashed in favour of the assessee. en-us Tue, 12 Dec 2017 00:00:00 +0530 Fri, 15 Dec 2017 08:36:09 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=352421 Reassessment under the U.P. VAT Act cannot be sustained where the proposed reopening is based only on a change of opinion on material already examined in the original assessment. The assessing officer had already issued notice, considered the assessee's reply, and accepted that the turnover did not represent taxable consideration; the later reassessment proposal relied on the same transaction without any fresh fact, document, or information. Sanction proceedings do not remove the requirement of material supporting a reason to believe that turnover has escaped assessment. On that basis, the notice and sanction order were quashed in favour of the assessee. Case-Laws VAT and Sales Tax Tue, 12 Dec 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=352421