https://www.taxtmi.com/caselaws?id=393907 Fast-track reassessment under the Kerala General Sales Tax Act cannot bypass the limitation and safeguards governing escaped assessment. Section 17D permits completion of pending assessments through the fast-track method but bars reopening completed assessments unless fresh material relating to tax evasion is received. Section 19 prescribes a five-year limitation for escaped assessment. Reassessment initiated nearly 14 years after the relevant assessment year, without disclosed fresh material, was therefore unsustainable. The assessment order and demand notice were quashed. en-us Mon, 16 Mar 2020 00:00:00 +0530 Fri, 26 Feb 2021 15:47:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=393907 Fast-track reassessment under the Kerala General Sales Tax Act cannot bypass the limitation and safeguards governing escaped assessment. Section 17D permits completion of pending assessments through the fast-track method but bars reopening completed assessments unless fresh material relating to tax evasion is received. Section 19 prescribes a five-year limitation for escaped assessment. Reassessment initiated nearly 14 years after the relevant assessment year, without disclosed fresh material, was therefore unsustainable. The assessment order and demand notice were quashed. Case-Laws VAT and Sales Tax Mon, 16 Mar 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=393907