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Petitioner required to compensate by payment of interest as State of Odisha deprived of recovering 2/3rd tax due

Case Law Details

Case Name
Bharat Motors Ltd. Vs Sales Tax Officer (Orissa High Court)
Date of Judgement/Order
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Bharat Motors Ltd. Vs Sales Tax Officer (Orissa High Court) Orissa High Court held that State of Odisha was deprived of recovering 2/3rd of tax due by virtue of interim order of the Supreme Court of India, accordingly, petitioner is required to compensate the State of Odisha by making payment towards interest in the interest of justice and equity. Facts- The petitioner No.1-Shree Bharat Motors Ltd., public limited company, represented by Sri Jay Prakash Didwania, Managing Director of the company joined as the petitioner No.2 (petitioner) questioning the veracity of Assessment Order dated 11.11...
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