https://www.taxtmi.com/caselaws?id=157232 Suo motu revisional power under the Bombay Sales Tax Act must be exercised within a reasonable time even if no express limitation is prescribed, because finalised tax assessments should not be reopened arbitrarily after long delay. On the facts, a notice issued more than eight years after the appellate order was held invalid, absent fraud or systematic evasion. However, revision does not by itself amount to rectification or reassessment, and it is not invalid merely because it overlaps with those powers unless parallel proceedings are actually pending. The reasonable-time principle was upheld, while the trenching objection was rejected. en-us Wed, 24 Jul 1991 00:00:00 +0530 Tue, 01 Oct 2013 18:49:01 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=157232 Suo motu revisional power under the Bombay Sales Tax Act must be exercised within a reasonable time even if no express limitation is prescribed, because finalised tax assessments should not be reopened arbitrarily after long delay. On the facts, a notice issued more than eight years after the appellate order was held invalid, absent fraud or systematic evasion. However, revision does not by itself amount to rectification or reassessment, and it is not invalid merely because it overlaps with those powers unless parallel proceedings are actually pending. The reasonable-time principle was upheld, while the trenching objection was rejected. Case-Laws VAT and Sales Tax Wed, 24 Jul 1991 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=157232