https://www.taxtmi.com/caselaws?id=801091 Material turnover discrepancies between VAT returns and income-tax accounts may support reassessment where VAT returns were not shown to have been disclosed during the original assessment. Reconciliation based on MRP reporting, duty, freight and local taxes requires factual verification in reassessment proceedings rather than writ review. A notice issued beyond four years may therefore rely on possible income escapement where full and true disclosure is not established. For notices issued before 1 April 2021, Section 148A does not apply; preliminary objections limited to jurisdiction do not require withdrawal where they concern reassessment merits. en-us Thu, 08 Oct 2026 00:00:00 +0530 Thu, 15 Oct 2026 05:44:09 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=801091 Material turnover discrepancies between VAT returns and income-tax accounts may support reassessment where VAT returns were not shown to have been disclosed during the original assessment. Reconciliation based on MRP reporting, duty, freight and local taxes requires factual verification in reassessment proceedings rather than writ review. A notice issued beyond four years may therefore rely on possible income escapement where full and true disclosure is not established. For notices issued before 1 April 2021, Section 148A does not apply; preliminary objections limited to jurisdiction do not require withdrawal where they concern reassessment merits. Case-Laws Income Tax Thu, 08 Oct 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=801091