https://www.taxtmi.com/caselaws?id=164405 Where the Punjab General Sales Tax Act, 1948 prescribed no express limitation for the relevant assessment years, the assessing authority was still required to act within a reasonable time. The Court held that assessment power should ordinarily be exercised within three years and, in any event, not beyond five years. Reading Section 11 with the proviso to Section 14, it concluded that assessments made more than five years after the relevant years were stale and could not be sustained. The impugned assessment orders were therefore time-barred and unenforceable, and the reference petitions succeeded in favour of the assessees. en-us Tue, 20 Apr 2010 00:00:00 +0530 Fri, 10 Oct 2014 16:47:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=164405 Where the Punjab General Sales Tax Act, 1948 prescribed no express limitation for the relevant assessment years, the assessing authority was still required to act within a reasonable time. The Court held that assessment power should ordinarily be exercised within three years and, in any event, not beyond five years. Reading Section 11 with the proviso to Section 14, it concluded that assessments made more than five years after the relevant years were stale and could not be sustained. The impugned assessment orders were therefore time-barred and unenforceable, and the reference petitions succeeded in favour of the assessees. Case-Laws VAT and Sales Tax Tue, 20 Apr 2010 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=164405