https://www.taxtmi.com/caselaws?id=308148 Reassessment was not quashed because the petitioner failed to show lack of statutory authority or that the reopening rested only on a mere change of opinion; the record indicated departmental scrutiny of the vendor's returns and reconsideration of the tax credit claim. Input tax credit on the capital goods was also denied because the petitioner did not produce adequate pleadings or evidence to establish that the machinery was new rather than old and used. The writ petition further suffered from non-joinder of the supplier, who was a necessary party to a dispute over the nature of the machinery purchased. The Court declined interference and upheld the reassessment order and notice. en-us Mon, 25 Jul 2022 00:00:00 +0530 Fri, 02 Jun 2023 20:39:07 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=308148 Reassessment was not quashed because the petitioner failed to show lack of statutory authority or that the reopening rested only on a mere change of opinion; the record indicated departmental scrutiny of the vendor's returns and reconsideration of the tax credit claim. Input tax credit on the capital goods was also denied because the petitioner did not produce adequate pleadings or evidence to establish that the machinery was new rather than old and used. The writ petition further suffered from non-joinder of the supplier, who was a necessary party to a dispute over the nature of the machinery purchased. The Court declined interference and upheld the reassessment order and notice. Case-Laws VAT and Sales Tax Mon, 25 Jul 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=308148