Re-assessment Invalid: Courts Rule Completed Tax Assessments Can't Be Reopened Due to New Judgments.

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....Initiation of re-assessment proceeding on the basis of subsequent judgement - Classification of goods - The proceeding of re-assessment has been initiated against the applicant on the basis of subsequent judgement. The Apex Court as well as this Court, time and again, have held that completed assessment should and must not be re-opened on the basis of subsequent judgment - HC....