https://www.taxtmi.com/caselaws?id=443013 Reassessment under the Tamil Nadu Value Added Tax Act, 2006 was held unsustainable where the initiating notice was issued beyond six years from the deemed assessment and was therefore time-barred under the reassessment provision. Even on the view that an earlier notice had validly commenced proceedings within limitation, the subsequent reassessment steps remained unexplained for more than six years. The court applied the principle that, where no statutory period is prescribed for completion of reassessment, the authority must act within a reasonable time; inordinate and unexplained delay renders the proceedings arbitrary and liable to be quashed. en-us Fri, 21 Jul 2023 00:00:00 +0530 Thu, 14 Sep 2023 10:27:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=443013 Reassessment under the Tamil Nadu Value Added Tax Act, 2006 was held unsustainable where the initiating notice was issued beyond six years from the deemed assessment and was therefore time-barred under the reassessment provision. Even on the view that an earlier notice had validly commenced proceedings within limitation, the subsequent reassessment steps remained unexplained for more than six years. The court applied the principle that, where no statutory period is prescribed for completion of reassessment, the authority must act within a reasonable time; inordinate and unexplained delay renders the proceedings arbitrary and liable to be quashed. Case-Laws VAT and Sales Tax Fri, 21 Jul 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=443013