https://www.taxtmi.com/caselaws?id=778504 The SC allowed the appellant's appeal, set aside the High Court's common judgment and held the reassessments for assessment years 2003-04, 2004-05 and 2005-06 to be time-barred. The Court ruled Section 21 cannot be invoked after earlier assessments were held invalid under Section 19, and prior sanction from the Commissioner did not revive jurisdiction to reassess within four years. The decision emphasizes strict construction of fiscal statutes and prohibits imposing tax where the statute's four corners do not permit it. en-us Thu, 11 Sep 2025 00:00:00 +0530 Thu, 18 Sep 2025 08:30:33 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=778504 The SC allowed the appellant's appeal, set aside the High Court's common judgment and held the reassessments for assessment years 2003-04, 2004-05 and 2005-06 to be time-barred. The Court ruled Section 21 cannot be invoked after earlier assessments were held invalid under Section 19, and prior sanction from the Commissioner did not revive jurisdiction to reassess within four years. The decision emphasizes strict construction of fiscal statutes and prohibits imposing tax where the statute's four corners do not permit it. Case-Laws VAT / Sales Tax Thu, 11 Sep 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=778504