https://www.taxtmi.com/caselaws?id=283613 Revision of assessment under the Tamil Nadu Value Added Tax Act had to be initiated within five years from the original assessment order. As the self-assessments were completed on 30.06.2012 and revision proceedings began only on 24.11.2017, the Madras HC held the proceedings time-barred and set aside the revised assessment orders. The Court followed the earlier view that an amendment extending the limitation period could not be applied retrospectively to completed assessments unless the legislature clearly provided otherwise. en-us Mon, 03 Sep 2018 00:00:00 +0530 Wed, 02 Oct 2019 13:00:29 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=283613 Revision of assessment under the Tamil Nadu Value Added Tax Act had to be initiated within five years from the original assessment order. As the self-assessments were completed on 30.06.2012 and revision proceedings began only on 24.11.2017, the Madras HC held the proceedings time-barred and set aside the revised assessment orders. The Court followed the earlier view that an amendment extending the limitation period could not be applied retrospectively to completed assessments unless the legislature clearly provided otherwise. Case-Laws VAT and Sales Tax Mon, 03 Sep 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=283613