2011 (1) TMI 1336

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....ons are against notice for reassessment under Section 21 of the U P Trade Tax Act, 1948 (the Act) in respect of the Assessment Year 2000 - 01 to 2004 - 05. THE FACTS 2. In the Assessment Year 2000 - 01, the petitioner carried on trading in 'Banphool Oil'. For the subsequent Assessment Year namely 2002 - 03 to 2004 - 05, it traded in 'Banphool Oil' as well as 'Arnica Oil&#....

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....re issued on different dates to the petitioner in respect of these years. 7. In respect of Assessment Year 2004 - 05, it was not necessary to take any approval from the Additional Commissioner as it was within time and the Assessing Officer issued reassessment notice for this year also. Hence the present petitions. 8. We have heard Sri S.D. Singh, counsel for the petitioner and standing coun....

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....e have seen the order dated 10th January, 2003 in respect of the Assessment Year 2000 - 01. The order itself indicates that 'Banphool Oil' was accepted to be as a medicinal product but it was mentioned in the order that an inquiry is being conducted and in case of any adverse information is received, an appropriate action would be taken. 13. This clearly shows that no final decision was....

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....tice. 15. The counsel for the petitioner next submits that: The approval in respect of the Assessment Year 2000 - 01 up to 2003 - 04 is illegal; It is not a reasoned order; It is liable to be set aside. 16. The approval granted by the Additional Commissioner, Kanpur is not as detailed as one might expect, however, he has approved the proposal sent by the Assessing Officer. It is not....