https://www.taxtmi.com/caselaws?id=21249 A revisional power under section 34, even if initiated within limitation, must still be completed bona fide, reasonably and within a reasonable time. Prolonged delay after objections have been filed cannot be justified by the fact that the revision was started in time, because statutory power cannot be left undecided indefinitely. The Kerala HC treated such delay as rendering the eventual revisional order arbitrary, irrational and unfair, applying the Wednesbury principle, and rejected the distinction between timely initiation and delayed completion of revision. The revisional order was therefore held invalid, against the Revenue and in favour of the assessee. en-us Tue, 03 Mar 1992 00:00:00 +0530 Sat, 21 Nov 2009 10:46:11 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=21249 A revisional power under section 34, even if initiated within limitation, must still be completed bona fide, reasonably and within a reasonable time. Prolonged delay after objections have been filed cannot be justified by the fact that the revision was started in time, because statutory power cannot be left undecided indefinitely. The Kerala HC treated such delay as rendering the eventual revisional order arbitrary, irrational and unfair, applying the Wednesbury principle, and rejected the distinction between timely initiation and delayed completion of revision. The revisional order was therefore held invalid, against the Revenue and in favour of the assessee. Case-Laws Income Tax Tue, 03 Mar 1992 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=21249