https://www.taxtmi.com/caselaws?id=469104 Section 40 reassessment under the Assam Value Added Tax Act, 2003 is available only after a valid assessment or deemed self-assessment has been completed under the statutory scheme. Returns must be filed within the prescribed time under Section 29 and Rule 17, and deemed assessment under Section 35 arises only when the required returns are filed in the prescribed manner and within time. Section 39 also limits completion of assessment after five years from the end of the relevant year. Where these jurisdictional preconditions are absent, Section 40 cannot be used on an alleged escaped turnover basis, and any reassessment order and demand notice issued without such foundation are without jurisdiction. en-us Wed, 12 Jun 2024 00:00:00 +0530 Tue, 02 Jun 2026 21:23:46 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=469104 Section 40 reassessment under the Assam Value Added Tax Act, 2003 is available only after a valid assessment or deemed self-assessment has been completed under the statutory scheme. Returns must be filed within the prescribed time under Section 29 and Rule 17, and deemed assessment under Section 35 arises only when the required returns are filed in the prescribed manner and within time. Section 39 also limits completion of assessment after five years from the end of the relevant year. Where these jurisdictional preconditions are absent, Section 40 cannot be used on an alleged escaped turnover basis, and any reassessment order and demand notice issued without such foundation are without jurisdiction. Case-Laws VAT / Sales Tax Wed, 12 Jun 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=469104