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1988 (5) TMI 335 - SC - VAT and Sales TaxWhether an order of assessment under sub-section (3) of section 11 of the Punjab Act or section 28(3) of the Haryana Act can now be completed or would that be barred by limitation? Held that:- Appeal dismissed. A period of limitation has been prescribed for bringing the escaped turnover into the net of taxation, such an eventuality cannot be grappled with appropriately unless timely assessment is completed. In several taxing statutes, even in a situation like this, where assessment under section 11(3) or 28(3) of the respective Acts is contemplated, a period of limitation is provided. Until by statute, such a limitation is provided, it is proper for the State Governments to require, by statutory rules or appropriate instructions, to ensure completion of assessments with expedition and reasonable haste but subject to rules of natural justice.
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