Assessment-Re-Assessment, scope-Re-assessment made on certain audit objection-Power to make reassessment is not absolute- In the absence of any fresh material; re-assessment cannot be made-Punjab VAT Act-2005, Section 29 (7) P.D. Aggarwal Infrastructure Ltd, Hoshiarpur versus State of Punjab (PVT) 1 NTR 350

Assessment-Re-Assessment, scope-Re-assessment made on certain audit objection-Power to make reassessment is not absolute- In the absence of any fresh material; re-assessment cannot be made-Punjab VAT Act-2005, Section 29 (7) P.D. Aggarwal Infrastructure   Ltd, Hoshiarpur versus State of Punjab (PVT) 1 NTR 350

Assessment-Re-assessment –Limitation-The mandatory clause of seeking permission from the Commissioner does not provide the concession of expiry time to be added in to the limitation period of 3 years –Punjab VAT Act-2005, Section 29 (7) P.D. Aggarwal Infrastructure   Ltd, Hoshiarpur versus State of Punjab (PVT) 1 NTR 350