https://www.taxtmi.com/caselaws?id=469211 Under the amended proviso to Section 25(1) of the Kerala Value Added Tax Act, reassessment proceedings validly initiated within time were not required to be completed within the same six-year period. The Court distinguished the Supreme Court ruling relied on, noting it concerned the unamended proviso and did not control the amended scheme, which also covered assessment periods expiring on 31.03.2017 with extension up to 31.03.2018. The assessment order was therefore not time-barred, and the limitation challenge failed. en-us Thu, 07 Nov 2024 00:00:00 +0530 Wed, 10 Jun 2026 20:06:33 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=469211 Under the amended proviso to Section 25(1) of the Kerala Value Added Tax Act, reassessment proceedings validly initiated within time were not required to be completed within the same six-year period. The Court distinguished the Supreme Court ruling relied on, noting it concerned the unamended proviso and did not control the amended scheme, which also covered assessment periods expiring on 31.03.2017 with extension up to 31.03.2018. The assessment order was therefore not time-barred, and the limitation challenge failed. Case-Laws VAT / Sales Tax Thu, 07 Nov 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=469211