https://www.taxtmi.com/caselaws?id=301388 A suo motu revision under Rule 80 of the Orissa Sales Tax Rules was described as unsustainable because it rested entirely on an earlier Tribunal view that was later displaced by a Division Bench ruling. The later ruling clarified that incentive notification benefits operated in addition to statutory tax concessions and required reassessment without treating the incentive exemption as excluded. With the legal foundation for revision removed, the consequential reassessment could not stand and the revisional action was set aside. en-us Wed, 20 Mar 2019 00:00:00 +0530 Fri, 01 Apr 2022 20:30:43 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=301388 A suo motu revision under Rule 80 of the Orissa Sales Tax Rules was described as unsustainable because it rested entirely on an earlier Tribunal view that was later displaced by a Division Bench ruling. The later ruling clarified that incentive notification benefits operated in addition to statutory tax concessions and required reassessment without treating the incentive exemption as excluded. With the legal foundation for revision removed, the consequential reassessment could not stand and the revisional action was set aside. Case-Laws VAT and Sales Tax Wed, 20 Mar 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=301388