https://www.taxtmi.com/caselaws?id=403989 VAT reassessment is described as time-barred where it is initiated after the three-year limit under Section 23 of the Himachal Pradesh Value Added Tax Act, 2005. The note further states that Section 24 extends limitation only in the specific situations it expressly covers, and that an audit objection or audit report alone does not constitute sufficient tangible material to reopen a completed assessment. It also records that the existence of an alternative appellate remedy does not prevent writ jurisdiction under Article 226 where the reassessment is alleged to be beyond limitation and unsupported by valid foundational material. en-us Fri, 27 Nov 2020 00:00:00 +0530 Tue, 29 Oct 2024 15:07:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=403989 VAT reassessment is described as time-barred where it is initiated after the three-year limit under Section 23 of the Himachal Pradesh Value Added Tax Act, 2005. The note further states that Section 24 extends limitation only in the specific situations it expressly covers, and that an audit objection or audit report alone does not constitute sufficient tangible material to reopen a completed assessment. It also records that the existence of an alternative appellate remedy does not prevent writ jurisdiction under Article 226 where the reassessment is alleged to be beyond limitation and unsupported by valid foundational material. Case-Laws VAT / Sales Tax Fri, 27 Nov 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=403989