State Act
39
Section 39. No Assessment after five years
Jharkhand Value Added Tax Act, 2005
Act no. 5 of 20062006In forceJharkhand (State Act)
39. No Assessment after five years — (1) No assessment under Section 37 or 38 shall be made after the expiry of five years from the end of the tax period to which the assessment relates Provided that in case of offence under this Act for which proceeding for prosecution has been initiated, the limitation as specified in this sub-Section shall not apply. (2) Any assessment made or penalty imposed under this Chapter shall be without prejudice to prosecution for any offence under this Act.