Reassessment Quashed as Proceedings Initiated After 17 Years Were Time-Barred: Orissa HC

Paradeep Phosphates Pvt. Ltd. Vs Commissioner of Sales Tax (Orissa High Court) The petitioner challenged the legality of the reassessment order dated 12.07.2024 passed under Section 10 of the Odisha Entry Tax Act, 1999 (OET Act) for the tax period 01.04.2005 to 28.02.2006, along with the preceding notices and related proceedings. The principal challenge was that the reassessment proceedings had been initiated after an inordinate delay and were barred by limitation. The petitioner, a company engaged in manufacturing fertilizers at Paradeep, had filed self-assessment returns under Section 9 of t...