https://www.taxtmi.com/caselaws?id=767710 Section 25A of the Kerala Value Added Tax Act provides an additional basis for reopening assessment on a lawful audit objection, but it does not displace the reassessment procedure and limitation regime in Section 25(1). The statutory time limit for reassessment continues to govern the exercise of that power, so a later audit objection from the Comptroller and Auditor General cannot revive a reassessment that has already become time-barred. The construction preserves the statutory scheme, fairness in taxation, due process, and the rule of law, and reassessment cannot be undertaken after expiry of the applicable limitation period. en-us Tue, 18 Mar 2025 00:00:00 +0530 Fri, 21 Mar 2025 16:45:59 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=767710 Section 25A of the Kerala Value Added Tax Act provides an additional basis for reopening assessment on a lawful audit objection, but it does not displace the reassessment procedure and limitation regime in Section 25(1). The statutory time limit for reassessment continues to govern the exercise of that power, so a later audit objection from the Comptroller and Auditor General cannot revive a reassessment that has already become time-barred. The construction preserves the statutory scheme, fairness in taxation, due process, and the rule of law, and reassessment cannot be undertaken after expiry of the applicable limitation period. Case-Laws VAT / Sales Tax Tue, 18 Mar 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=767710