https://www.taxtmi.com/caselaws?id=352615 A tax revision filed after 1,541 days was held time-barred because the explanation for delay did not show sufficient cause, diligence or bona fides. The Court applied the settled principles on condonation of delay and emphasised the need to balance substantial justice with limitation, but held that a special fiscal statute prescribing a specific condonation period and an outer limit excludes recourse to Section 5 of the Limitation Act beyond that limit. On the facts, the prolonged inaction and inadequate explanation defeated condonation, and the revision was rejected. en-us Wed, 06 Dec 2017 00:00:00 +0530 Tue, 19 Dec 2017 08:36:42 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=352615 A tax revision filed after 1,541 days was held time-barred because the explanation for delay did not show sufficient cause, diligence or bona fides. The Court applied the settled principles on condonation of delay and emphasised the need to balance substantial justice with limitation, but held that a special fiscal statute prescribing a specific condonation period and an outer limit excludes recourse to Section 5 of the Limitation Act beyond that limit. On the facts, the prolonged inaction and inadequate explanation defeated condonation, and the revision was rejected. Case-Laws VAT and Sales Tax Wed, 06 Dec 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=352615