9911796707
TMI Blog2016 (7) TMI 1424X X X X Extracts X X X X X X X X Extracts X X X X ..... Advocate General, Punjab ORDER Rajesh Bindal, J. Aggrieved against the notice dated 27.6.2001 (Annexure P-3) issued under Section 21 (1) of the Punjab General Sales Tax Act, 1948 (for short, 'the Act'), for suo moto revision of the assessment for the assessment year 1976-77, the petitioner has filed the present petition. Legal issue raised is that the notice dated 27.6.2001 was issued ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ne into the issue sought to be raised in the writ petition being creature of statute. Relevant paras of the judgment are extracted below:- "17. A bare reading of Section 21 of the Act would reveal that although no period of limitation has been prescribed therefor, the same would not mean that the suo moto power can be exercised at any time. 18. It is trite that if no period of limitation has bee ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 3. The question as to what would be the reasonable period did not fall for consideration therein. The binding precedent of this Court, some of which had been referred to us heretobefore, had not been considered. The counsel appearing for the parties were remiss in bringing the same to the notice of this Court. Furthermore, from a perusal of the impugned notice dated 4.9.2006, it is apparent that t ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... rthermore in its judgment, has referred to some binding precedents which have been operating in the field. The High Court, therefore, cannot be said to have committed any jurisdictional error in passing the impugned judgment." If read in the light of the aforesaid judgment of Hon'ble the Supreme Court, the notice issued for revising the assessment after more than 20 years certainly deserves t ..... X X X X Extracts X X X X X X X X Extracts X X X X
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