https://www.taxtmi.com/caselaws?id=411860 Once an assessment has attained finality, it cannot be reopened or recomputed except under express statutory power and within the prescribed limitation. The Odisha Sales Tax Act provided specific mechanisms for reopening and suo motu revision, but those periods had expired, and there was no independent authority to recompute tax, surcharge, or interest after final assessment and refund. A later change in law or reversal of the legal position by the Supreme Court did not revive closed assessments or authorise reopening beyond the statutory framework. The recomputation orders were therefore unsustainable and were set aside in favour of the assessee. en-us Thu, 26 Aug 2021 00:00:00 +0530 Wed, 09 Nov 2022 11:45:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=411860 Once an assessment has attained finality, it cannot be reopened or recomputed except under express statutory power and within the prescribed limitation. The Odisha Sales Tax Act provided specific mechanisms for reopening and suo motu revision, but those periods had expired, and there was no independent authority to recompute tax, surcharge, or interest after final assessment and refund. A later change in law or reversal of the legal position by the Supreme Court did not revive closed assessments or authorise reopening beyond the statutory framework. The recomputation orders were therefore unsustainable and were set aside in favour of the assessee. Case-Laws VAT and Sales Tax Thu, 26 Aug 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=411860