Deemed assessment u/s 22(4) was considered as First Assessment Order and notice issued was within limitation period u/s 27

Indira Vs Assistant Commissioner (State Tax) (Madras High Court)

Conclusion: Notices issued to the respective banks attaching the accounts of the assessee maintained with them was valid as assessee did not file returns on time under Rule 7 of the TNVAT Rules, 2007, or submit complete returns for the assessment years, therefore, the deemed assessment passed under Section 22(4) of the TNVAT Act should be considered as the first assessment and the limitation for reopening the Assessment under Section 27 of the TNVAT Act, 2006 would apply only six years thereafter.

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