https://www.taxtmi.com/caselaws?id=465484 Proceedings for escaped assessment under Section 25(1) of the Kerala Value Added Tax Act were held time-barred because the 2017 amendment extending the limitation period operated prospectively. The Court applied the earlier decisions on limitation, held that the extended period could not validate proceedings already initiated beyond the unamended five-year limit, and found the impugned reassessment order legally unsustainable. The assessment action was therefore quashed as barred by limitation. en-us Tue, 29 Sep 2020 00:00:00 +0530 Sat, 27 Dec 2025 18:00:22 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=465484 Proceedings for escaped assessment under Section 25(1) of the Kerala Value Added Tax Act were held time-barred because the 2017 amendment extending the limitation period operated prospectively. The Court applied the earlier decisions on limitation, held that the extended period could not validate proceedings already initiated beyond the unamended five-year limit, and found the impugned reassessment order legally unsustainable. The assessment action was therefore quashed as barred by limitation. Case-Laws VAT / Sales Tax Tue, 29 Sep 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=465484