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2017 (5) TMI 1276 - HC - VAT and Sales TaxValidity of re-assessment proceedings - permission u/s 29(7) of the U.P. VAT Act, 2008 - Held that: - neither in the notice nor in the impugned order any material or fresh material has been referred to for the formation of the opinion with regard to the reason to believe that the matter requires reassessment. It is only on the basis of the fact that the royalty amount has not been clarified in the invoices that a decision has been taken to reopen the assessment. This by itself is not sufficient and a good ground when the assessing authority was possessed with all material at the time of initial assessment and nothing material was concealed from him. There was no material or any reason to believe on part of the respondent no. 2 for granting permission u/s 29(7) of 'the Act' for reassessing the petitioner for the assessment year 2009-10 - petition allowed - decided in favor of petitioner.
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