https://www.taxtmi.com/caselaws?id=391279 The court found that the notice issued under Section 27(2) of the TVAT Act was without jurisdiction as no prior notice under Section 24 was issued, rendering the invocation of Section 27 improper. The assessments for the relevant years were deemed time-barred as they exceeded the statutory limit of five years. Additionally, the court emphasized the necessity of complying with procedural requirements, highlighting that Section 27 can only be invoked after a valid notice under Section 24(2) is issued. Consequently, the court set aside the orders under Section 27, invalidated demand notices, and stressed the importance of adhering to statutory provisions in tax assessments. en-us Mon, 20 Jan 2020 00:00:00 +0530 Wed, 27 May 2020 10:49:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=391279 The court found that the notice issued under Section 27(2) of the TVAT Act was without jurisdiction as no prior notice under Section 24 was issued, rendering the invocation of Section 27 improper. The assessments for the relevant years were deemed time-barred as they exceeded the statutory limit of five years. Additionally, the court emphasized the necessity of complying with procedural requirements, highlighting that Section 27 can only be invoked after a valid notice under Section 24(2) is issued. Consequently, the court set aside the orders under Section 27, invalidated demand notices, and stressed the importance of adhering to statutory provisions in tax assessments. Case-Laws VAT and Sales Tax Mon, 20 Jan 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=391279