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2018 (2) TMI 886 - HC - VAT and Sales TaxRevision of assessment - challenge to revision on the ground that the same was passed after the expiry of the time limit prescribed for the said purpose in terms of clause (c) of sub-section (2) of Section 56 of the Act - Held that: - Going by the plain meaning of the words used in the provision, the word 'year' therein can never be the assessment year. Further, if the word 'year' contained in the provision is reckoned as the assessment year, then the power under that section cannot be exercised, if the assessment is not completed within four years from the relevant assessment year. It is directed that if the petitioner prefers a revision challenging the impugned order within one month from the date of receipt of a copy of this judgment, the same shall be treated as one filed within time - petition disposed off.
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