Madras HC quashes TNVAT reassessments over limitation issue
In short
The Madras High Court has set aside TNVAT reassessments. It said a taxpayer’s request for copies of assessment orders could not be used to extend the Section 27 time limit, and that time limit had already ended.
This matters because the tax department cannot rely on that request to reopen the case. The story does not say who the taxpayer is or what the amount at issue was.
What the reporting says
The Madras High Court quashed TNVAT reassessments after holding that a taxpayer’s request for copies of assessment orders could not extend the limitation period under Section 27. The reported basis was that the limitation period had already expired. The source does not name the taxpayer or give the full procedural history beyond the limitation dispute.
Why it matters
The Madras High Court quashed TNVAT reassessments after finding that a request for copies of assessment orders could not extend the limitation period under Section 27 of the TNVAT Act. The reporting says the limitation had already expired, which was central to the court’s decision. The immediate effect is that the reassessments fail, but the taxpayer and tax amount are not stated.