Supreme Court of India

State of Punjab & Ors. v. M/s. Shreyans Indus Ltd. Etc.

Neutral citation
Reported as [2016] 1 S.C.R. 896
Bench T.S. Thakur J.
Decided 4 March 2016

INSC stands for INDIAN SUPREME COURT. A neutral citation scheme assigned by the Court itself, so a judgment can be cited without depending on a commercial law reporter. INSC is the neutral citation scheme assigned by the Supreme Court, so a judgment can be cited without depending on a commercial law reporter.

From the headnote

Punjab General Sales Tax Act, 19./8: ss. 11 (3), 11 (8) - Power of Commissioner to extend time limit for passing order of assessment after the expiry of /imitation period - Held: When the period of limitation prescribed in the Act for passing the assessment order expires, the Commissioner is debarred from exercising his powers u/sub-section (1 OJ of s.11. Dismissing the appeals, the Court HELD: 1. mere reading of Section 11 would reflect that wherever return is filed by the assessee, assessment is to be made within a period of three years from the last date prescribed for furnishing the

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