https://www.taxtmi.com/caselaws?id=39060 Where no limitation period is prescribed for penalty proceedings, delay is not automatically fatal to the levy of penalty, but it remains a material factor affecting the propriety of the order. The fact-finding authority must determine who was responsible for the delay and then assess whether that delay had any bearing on the validity of the penalty. Because the Tribunal cancelled the penalty without recording findings on responsibility for delay or its consequences, the cancellation could not stand and the matter was decided in favour of the Revenue. en-us Mon, 17 Dec 1973 00:00:00 +0530 Mon, 12 Apr 2010 12:43:09 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=39060 Where no limitation period is prescribed for penalty proceedings, delay is not automatically fatal to the levy of penalty, but it remains a material factor affecting the propriety of the order. The fact-finding authority must determine who was responsible for the delay and then assess whether that delay had any bearing on the validity of the penalty. Because the Tribunal cancelled the penalty without recording findings on responsibility for delay or its consequences, the cancellation could not stand and the matter was decided in favour of the Revenue. Case-Laws Income Tax Mon, 17 Dec 1973 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=39060