https://www.taxtmi.com/caselaws?id=761557 Limitation for reassessment under the Tamil Nadu Value Added Tax Act, 2006 was held to be satisfied when the notice initiating revision was issued within the statutory period, even if the final reassessment order was made later. The notices issued in 2014 were treated as the operative initiation and were within time under Section 27. A mistaken reference to Section 84 did not invalidate the notices, because their substance showed a proposal for revision of assessment and penalty for escaped turnover under Section 27, and the authority otherwise had jurisdiction. The challenge to the revised assessments therefore failed. en-us Tue, 15 Oct 2024 00:00:00 +0530 Tue, 12 Nov 2024 12:40:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=761557 Limitation for reassessment under the Tamil Nadu Value Added Tax Act, 2006 was held to be satisfied when the notice initiating revision was issued within the statutory period, even if the final reassessment order was made later. The notices issued in 2014 were treated as the operative initiation and were within time under Section 27. A mistaken reference to Section 84 did not invalidate the notices, because their substance showed a proposal for revision of assessment and penalty for escaped turnover under Section 27, and the authority otherwise had jurisdiction. The challenge to the revised assessments therefore failed. Case-Laws VAT / Sales Tax Tue, 15 Oct 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=761557