https://www.taxtmi.com/caselaws?id=365688 Limitation for initiating reassessment under Section 25(1) of the Kerala Value Added Tax Act governed issuance of notice, so later amendments extending only the time for completion of assessment could not validate notices already issued after the prescribed period. Section 25B, dealing with extension of time for completion, could not be used once the initiation period had expired, and its application required prior notice and opportunity of hearing where it prejudicially affected the assessee. A substitution extending limitation from five years to six years was not retrospective absent express language or necessary implication, and could not revive assessments already time-barred. en-us Thu, 19 Jul 2018 00:00:00 +0530 Wed, 10 Jun 2026 10:49:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=365688 Limitation for initiating reassessment under Section 25(1) of the Kerala Value Added Tax Act governed issuance of notice, so later amendments extending only the time for completion of assessment could not validate notices already issued after the prescribed period. Section 25B, dealing with extension of time for completion, could not be used once the initiation period had expired, and its application required prior notice and opportunity of hearing where it prejudicially affected the assessee. A substitution extending limitation from five years to six years was not retrospective absent express language or necessary implication, and could not revive assessments already time-barred. Case-Laws VAT / Sales Tax Thu, 19 Jul 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=365688