https://www.taxtmi.com/caselaws?id=163066 A revisional power conferred without an express limitation period must still be exercised within a reasonable time. Applying the settled approach under the Punjab General Sales Tax Act, the Court treated revisional jurisdiction as ordinarily confined to three years and, in any event, not beyond five years. Because the department acted after more than six years, despite the relevant legal position being known earlier and no justification for delay being shown, the revisional action was beyond a reasonable period and unsustainable; the reassessment was restored and the revisional orders were set aside. en-us Wed, 02 Jul 2008 00:00:00 +0530 Fri, 05 Dec 2014 10:47:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=163066 A revisional power conferred without an express limitation period must still be exercised within a reasonable time. Applying the settled approach under the Punjab General Sales Tax Act, the Court treated revisional jurisdiction as ordinarily confined to three years and, in any event, not beyond five years. Because the department acted after more than six years, despite the relevant legal position being known earlier and no justification for delay being shown, the revisional action was beyond a reasonable period and unsustainable; the reassessment was restored and the revisional orders were set aside. Case-Laws VAT and Sales Tax Wed, 02 Jul 2008 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=163066