Continuation of registration denied under the earlier High Court ruling on identical facts, against the assessee.

Continuation of registration was held to be unavailable on the facts and circumstances considered, following an earlier Andhra Pradesh HC decision on the identical issue. The referred question was answered in the negative, so the assessee was denied continuation of registration and the Revenue's position was accepted.

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Issues: Whether the assessee was entitled to continuation of registration.

Analysis: The referred question was answered by following the earlier decision of the same High Court on the identical issue, which had held that continuation of registration was not available on the facts and circumstances considered.

Conclusion: The question was answered in the negative, against the assessee and in favour of the Revenue.

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