https://www.taxtmi.com/caselaws?id=434619 Reassessment notices issued under Section 12-A were time-barred because the outer limit of eight years from the expiry of the relevant year had already passed. The proviso to Section 12-A(2) did not save the proceedings, as exclusion of limitation applies only where reassessment is made on the assessee or a person intimately connected with earlier proceedings in consequence of a finding, direction, order, or judgment; a Supreme Court ruling in another case did not extend limitation for a stranger to those proceedings, and the interim order in that matter did not justify excluding the intervening period. The reassessment orders and consequential demand notices were quashed. en-us Thu, 16 Feb 2023 00:00:00 +0530 Tue, 28 Feb 2023 15:52:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=434619 Reassessment notices issued under Section 12-A were time-barred because the outer limit of eight years from the expiry of the relevant year had already passed. The proviso to Section 12-A(2) did not save the proceedings, as exclusion of limitation applies only where reassessment is made on the assessee or a person intimately connected with earlier proceedings in consequence of a finding, direction, order, or judgment; a Supreme Court ruling in another case did not extend limitation for a stranger to those proceedings, and the interim order in that matter did not justify excluding the intervening period. The reassessment orders and consequential demand notices were quashed. Case-Laws VAT and Sales Tax Thu, 16 Feb 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=434619