https://www.taxtmi.com/caselaws?id=188882 The Court ruled in favor of the petitioner, setting aside the penalty order imposed by the Sales Tax Officer for alleged sales outside books of account. The Court emphasized the need for penalty proceedings to be initiated within a reasonable time, highlighting the unreasonable delay of about nine years in this case. Referring to relevant case law, the Court stressed that penalties should be imposed in accordance with statutory provisions and not after such delays, ultimately quashing the penalty order dated 31st March, 1993. Each party was directed to bear their own costs. en-us Tue, 10 Aug 2004 00:00:00 +0530 Mon, 19 Dec 2016 17:39:50 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=188882 The Court ruled in favor of the petitioner, setting aside the penalty order imposed by the Sales Tax Officer for alleged sales outside books of account. The Court emphasized the need for penalty proceedings to be initiated within a reasonable time, highlighting the unreasonable delay of about nine years in this case. Referring to relevant case law, the Court stressed that penalties should be imposed in accordance with statutory provisions and not after such delays, ultimately quashing the penalty order dated 31st March, 1993. Each party was directed to bear their own costs. Case-Laws VAT and Sales Tax Tue, 10 Aug 2004 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=188882