https://www.taxtmi.com/caselaws?id=188882 Penalty proceedings for alleged concealment of turnover under the U.P. Sales Tax Act were held unsustainable when initiated long after the assessment year, after the assessment had been completed and upheld in appeal, and after the statutory period for retaining books had expired. The Court applied the principle that, even without an express limitation period, penal action must begin within a reasonable time. Because the information on alleged outside sales had been available much earlier and no reassessment or pending proceedings remained for the relevant year, the delayed notice was beyond a reasonable period. The penalty order was set aside. 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 Penalty proceedings for alleged concealment of turnover under the U.P. Sales Tax Act were held unsustainable when initiated long after the assessment year, after the assessment had been completed and upheld in appeal, and after the statutory period for retaining books had expired. The Court applied the principle that, even without an express limitation period, penal action must begin within a reasonable time. Because the information on alleged outside sales had been available much earlier and no reassessment or pending proceedings remained for the relevant year, the delayed notice was beyond a reasonable period. The penalty order was set aside. Case-Laws VAT and Sales Tax Tue, 10 Aug 2004 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=188882