https://www.taxtmi.com/caselaws?id=164502 An assessment order passed nearly 18 years after the return was filed was held to be vitiated by inordinate delay, since the delay was not satisfactorily explained on the record. On that basis, the assessment for the relevant assessment year could not be sustained and was annulled. Once the assessment failed, the consequential penalty imposed on the assessee also could not survive and was quashed. The result was in favour of the assessee and against the Revenue. en-us Sun, 10 Jan 2010 00:00:00 +0530 Sat, 18 Oct 2014 10:43:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=164502 An assessment order passed nearly 18 years after the return was filed was held to be vitiated by inordinate delay, since the delay was not satisfactorily explained on the record. On that basis, the assessment for the relevant assessment year could not be sustained and was annulled. Once the assessment failed, the consequential penalty imposed on the assessee also could not survive and was quashed. The result was in favour of the assessee and against the Revenue. Case-Laws VAT and Sales Tax Sun, 10 Jan 2010 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=164502