ADDL. COMMISSIONER (LEGAL) vs M/S.JYOTI TRADERS

The Supreme Court addressed the issue of whether a completed assessment under the U.P. Sales Tax Act, 1948 could be reopened after the prescribed period due to an amendment extending the period for reassessment under Section 21. The Court held that the amendment allowing an eight-year period for reassessment could not be applied retrospectively to assessments completed before the amendment came into force. Consequently, the notices for reassessment issued after the four-year period were quashed, affirming the High Court's decision.