https://www.taxtmi.com/caselaws?id=403989 VAT reassessment made beyond the three-year limitation period was treated as unsustainable where the statutory extension provision did not cover reopening based solely on an audit objection. An audit observation or report alone was not regarded as valid tangible material for reopening a completed assessment. The availability of an appellate remedy did not preclude writ jurisdiction where the reassessment lacked statutory basis and was time-barred. The reassessment order and consequential demand notice were set aside, with writ relief granted to the assessee. 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 made beyond the three-year limitation period was treated as unsustainable where the statutory extension provision did not cover reopening based solely on an audit objection. An audit observation or report alone was not regarded as valid tangible material for reopening a completed assessment. The availability of an appellate remedy did not preclude writ jurisdiction where the reassessment lacked statutory basis and was time-barred. The reassessment order and consequential demand notice were set aside, with writ relief granted to the assessee. Case-Laws VAT / Sales Tax Fri, 27 Nov 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=403989