https://www.taxtmi.com/caselaws?id=464955 The Kerala High Court analysed Section 25(1) of the Kerala Value Added Tax Act, 2003 and held that reassessment notice could not be revived by the amended third proviso, which with effect from 01.04.2017 only extends time for completing assessments already validly initiated. Where the original five-year limitation period for reopening had already expired, the proviso did not save a later notice issued on 24.01.2018 for the 2011-12 year. The court therefore treated the reassessment proceedings as barred by limitation and answered the limitation question in favour of the assessee and against the Revenue. en-us Tue, 22 Oct 2024 00:00:00 +0530 Wed, 26 Nov 2025 13:42:23 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=464955 The Kerala High Court analysed Section 25(1) of the Kerala Value Added Tax Act, 2003 and held that reassessment notice could not be revived by the amended third proviso, which with effect from 01.04.2017 only extends time for completing assessments already validly initiated. Where the original five-year limitation period for reopening had already expired, the proviso did not save a later notice issued on 24.01.2018 for the 2011-12 year. The court therefore treated the reassessment proceedings as barred by limitation and answered the limitation question in favour of the assessee and against the Revenue. Case-Laws VAT / Sales Tax Tue, 22 Oct 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=464955