https://www.taxtmi.com/caselaws?id=770579 A revisional remand for reassessment of the 2014-15 period was unsustainable because no assessment notice had been issued and the five-year limitation period had expired; the remand was set aside. Remand for fresh penalty proceedings for 2015-16 and 2016-17 was also unnecessary because the admitted tax liability, including penalty, had already been paid; that direction was likewise set aside. For 2017-18, the turnover enhancement could not stand where the returns had not been rejected and no discernible best judgment basis for estimation was shown; the matter was remitted for fresh assessment, including penalty, within limitation. en-us Thu, 06 Feb 2025 00:00:00 +0530 Wed, 14 May 2025 07:48:05 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=770579 A revisional remand for reassessment of the 2014-15 period was unsustainable because no assessment notice had been issued and the five-year limitation period had expired; the remand was set aside. Remand for fresh penalty proceedings for 2015-16 and 2016-17 was also unnecessary because the admitted tax liability, including penalty, had already been paid; that direction was likewise set aside. For 2017-18, the turnover enhancement could not stand where the returns had not been rejected and no discernible best judgment basis for estimation was shown; the matter was remitted for fresh assessment, including penalty, within limitation. Case-Laws VAT / Sales Tax Thu, 06 Feb 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=770579