https://www.taxtmi.com/caselaws?id=400270 A retrospective deeming provision under the Kerala Value Added Tax Act, 2003 cannot be used to revive or reopen completed assessments beyond the statutory time framework in a manner that prejudices the assessee. The assessment scheme under Section 25, read with the relevant rules and the safeguard in Rule 58(20), was treated as requiring exercise of reassessment power within a reasonable limitation period, especially where books and records may no longer be available. The text also notes that assessment orders passed without notice or hearing offend natural justice and are vulnerable on that ground as well. en-us Fri, 23 Oct 2020 00:00:00 +0530 Mon, 15 Nov 2021 14:44:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=400270 A retrospective deeming provision under the Kerala Value Added Tax Act, 2003 cannot be used to revive or reopen completed assessments beyond the statutory time framework in a manner that prejudices the assessee. The assessment scheme under Section 25, read with the relevant rules and the safeguard in Rule 58(20), was treated as requiring exercise of reassessment power within a reasonable limitation period, especially where books and records may no longer be available. The text also notes that assessment orders passed without notice or hearing offend natural justice and are vulnerable on that ground as well. Case-Laws VAT and Sales Tax Fri, 23 Oct 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=400270