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    <title>2023 (3) TMI 796 - ORISSA HIGH COURT</title>
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    <description>HC held that assessment notices in Form E-24 were not in conformity with statutory requirements and cannot be sustained; petitioners must determine their liability from their self-assessed returns rather than be remitted for fresh scrutiny after long delay. While interest under Section 7(5) is not payable where sufficient cause exists and the 1/3 deposit was treated as such, because petitioners ultimately failed before the Supreme Court the HC directed payment of interest as compensatory relief for the withheld 2/3rds from 2010 to 28.03.2017 and issued a writ of mandamus to that effect, disposing the petitions.</description>
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    <pubDate>Wed, 15 Mar 2023 00:00:00 +0530</pubDate>
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      <title>2023 (3) TMI 796 - ORISSA HIGH COURT</title>
      <link>https://www.taxtmi.com/caselaws?id=435410</link>
      <description>HC held that assessment notices in Form E-24 were not in conformity with statutory requirements and cannot be sustained; petitioners must determine their liability from their self-assessed returns rather than be remitted for fresh scrutiny after long delay. While interest under Section 7(5) is not payable where sufficient cause exists and the 1/3 deposit was treated as such, because petitioners ultimately failed before the Supreme Court the HC directed payment of interest as compensatory relief for the withheld 2/3rds from 2010 to 28.03.2017 and issued a writ of mandamus to that effect, disposing the petitions.</description>
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      <pubDate>Wed, 15 Mar 2023 00:00:00 +0530</pubDate>
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